4 unit high NET cap, 16% , Cleveland

[Bob Prisco]

Nice building 

Rent 33k at 700 , 

Taxes 2200

Ins 2k

Pm 2 k

vm 3k

Water 2k

MIs 2k

Net 20k 16% @120k  PP includes all rehab, passing inspections,, warranty , rent assurance, meaning rent begins not later then 90s days after the close no matter what. If we fall behind on rehab, and placing the tenant, we pay the rent until the tenant comes in. Clients receive the amount on the pro forma provided . If we are off we pay the difference for the 1st year then raise the rents.  CASH BUYERS ONLY PLEASE