Taxes - $844.34
Insurance EST - $1000.00
Water / Sewer - $3,600.00
Rent - $2,800.00
Gross Rent - $33,600.00
Net Rent - $28,155.66
Management - 3,360.00
Net Rent with Management - $24,795.66
Purchase Price - $199,999
Cap Rate - 12.4%
This Triplex is currently being renovated and will be turnkey in around 60-90 days upon purchase and CMHA Tenants (Subsidized) will be placed (could possibly be sooner) ! We also offer a 6 month warranty on our homes as well! ( Yes the entire home will be scraped and painted! )