Updated over 7 years ago on . Most recent reply
12 Units FOR SALE COC: 14% CAP RATE: 8.85% DCR: 1.68
$480,000 Plus 3% Wholesaling Fee
12 Units
75% OCCUPIED
Cap Rate: 8.85%
COC: 14%
DCR: 1.68
GRM 5.72
OCCUPANCY BREAK EVEN POINT 69.45%
THESE ARE THE ACTUAL NUMBERS NOT PROFORMA
EGI: $75,492
OE: $22,018.56
NOI: $42,491.40
CASH FLOW: $17,234.11
P.S.- WE ALSO HAVE A VACANT 8 UNIT APARTMENT BUILDING 20 MINUTES FROM VINCENNES UNIVERSITY FOR $20K (TOTAL REHAB).
MICHAEL HYCHE
FAMC REAL ESTATE GROUP LLC
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