Dayton, OH Duplex3 bedroom, 1 bath double should rent for $550 per month. Each side is around 1600 sq ft plus the full sized basement in each unit. Each unit features a full dining room, living room, and kitchen, plus 3 bedrooms and bath upstairs. Work needs to be done to the property before it can be lived in.

Year:2008
Scheduled Gross Income:$13,200
Effective Gross Income:$11,880
Operating Expenses:$3,300
Net Operating Income:$8,580
Pre-Tax Cash Flow:$5,559

 

Debt Type:Proposed
Loan Amount:$36,000
Interest Rate:7.50%
Amortized Over:30
Annual Debt Service:$3,020
Down Payment:$4,000

Primary Type:Multifamily
Duplex/Triplex/Fourplex
No. Units:2
Building Size:3,000 SF
Price:$19,950
Price/Unit:$9,975.00
GRM:3.00
Cap Rate:20.00%
Year Built:1920

 
Posted by Brian Kreick on 03/23/2008 09:42 PM   Comments (0)   , , , ,  

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Real Estate Agent: Brian Kreick (Connect Realty)
Brian Kreick
Lynnwood, WA
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Connect Realty

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