12 Units in Southern Indiana Cash on Cash Return14% CapRate 8.85%

[Michael Hyche]

$480,000 Plus 3% Wholesaling Fee

12 Units
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

This apartment building is rented below market value and it's 75% occupancy so there is a lot of money in this real estate opportunity. Join our VIP Buyers List at www.FAMCRealEstateGroup.com