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Joe Prins
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Amazing Cash-Flow Multi-Family house!

Joe Prins
Posted Dec 11 2018, 17:55

This House 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:$1,756.90 

Monthly Cash Flow:$503.10 

Pro Forma Cap Rate:7.63%     

NOI$11,448.40

Cash on Cash ROI 20.93%

Purchase Cap Rate10.90%

Full report here: https://bp-v-newproduction.s3.amazonaws.com/upload...

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