Updated about 7 years ago on .
Best Cashflowing 5 Plex investment around!
This 5 plex is any investors dream! Some tenants been renting for 10+ years, Hardly any vacancies in the last 3 years. Coin laundry on site brings $1000/year. All tenants have off street parking. This property comes with an empty lot with future potential. Great cash-flowing property!
Monthly Income: $2,260.00
Monthly Expenses: $1,704.93
Monthly Cash Flow: $555.07
Pro Forma Cap Rate: 9.08%
NOI $13,618.00
Total Cash Needed $35,080.00
Cash on Cash ROI 18.99%
Purchase Cap Rate 10.09%
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