Hard To Find Hollywood 4Plex Generating 10% Cap... Only $350,000

HaveProduct
Classifieds

Hard To Find Hollywood 4Plex Generating 10% Cap... Only $350,000

Lender · South Florida · Member since 2018 · 94 posts · 14 votes

A true 10% Cap 4Plex very hard to find

Located at:

1825 Harding st, Hollywood FL 33020

This one is off market specs as follow:

2/1, 1/1, and two studio

2/1 rents for.......... $1500

1/1 rents for.......... $1100

studio#1 rents for $1000

Studio#2 rents for $800

Additional Income

coin laundry for.... $83 per month

Owner Expense monthly:

FPL...........................$600

Water.......................$110

Insurance.................$500

Taxes........................$260

Total rent including coin laundry income............................$4483

Total owner expense..............................................................$1470

Net monthly Income...............................................................$3013

Net yearly Income...................................................................$36156

Total Investment.....................................................................$357000 (include closing cost)

Return on Investment............................................................10%

Call now to make appt to see inside

786-802-0020

0Reply
1 views

No replies yet. Be the first to reply to this discussion.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.