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Updated over 7 years ago,

User Stats

7
Posts
2
Votes
Edgar Baeza
  • Investor
  • Yakima, WA
2
Votes |
7
Posts

This is the deal help me out I figured a low monthly cash flow.

Edgar Baeza
  • Investor
  • Yakima, WA
Posted

$2710

I also have a 6Plex for sale ($368,000) . last year was a bad year for turnover, I had six. The good thing about that is those five unit where cleaned up and painted if needed. This year I have had one turnover to date. The apartments are one bedroom. I rent one of the units for $500 for a long term tenant I have had for 17 plus years and the rest are $525 to $575. The rent could be more, but I don't like turnover. We would be willing to consider a contract with a large down payment. The roof and trusses over the old flat roof were done about 10 years ago. There has been some water damage. Each tenant has one assigned parking spot. Each unit has a power meter. There is on sight coin operated laundry. Just last month a new water main line was installed to the unit because of a leak. Also all the windows where replace in 2012. Over all my 6Plex is in better shape than my 4Plex mostly because of turnover and the up grades we have been doing over the last couple of years.

6Plex Year 2016

Income.................. $38267

Utilities.................. $4255

Supplies/Repairs.... $5457

Insurance............... $1968

Taxes..................... $2798

6Plex Year 2015 Income.................. $37236

Utilities.................. $4541

Supplies/Repairs.... $2810

Insurance............... $1857

Taxes..................... $2850

6Plex Year 2014 Income.................. $35737

Utilities.................. $3911

Supplies/Repairs.... $2633

Insurance............... $1697

Taxes..................... $2907

6Plex Year 2013 Income.................. $35064

Utilities.................. $4563

Supplies/Repairs.... $3499

Insurance............... $1642

Taxes..................... $2904

Thanks for looking.