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Updated over 2 years ago,
Major investment opportunity
I have found a property located in Albany, NY. I have done the calculations for a full renovation. The numbers still looks great!
Here is a little taste of the numbers:
Multi-family
Renovations needed - estimated $35k
Annualized ROI - 12.37%
Capitalization Rate - 8.86%
Annualized NOI - $23k
Interest Rate - 7%