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Updated over 11 years ago on . Most recent reply

Troy Fisher's profile image
Troy Fisher's profile image
Troy Fisher
  • Specialist
  • from Kirkland, WA
  • Member since Feb 17, 2013
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Troy Fisher's profile image
Troy Fisher's profile image
Troy Fisher
  • Specialist
  • from Kirkland, WA
  • Member since Feb 17, 2013
Connect
Troy Fisher
  • Specialist
  • Kirkland, WA
817
Votes |
1,469
Posts
Multi-Family and Apartment Investing

Great Investment Opportunity!

Troy Fisher
  • Specialist
  • Kirkland, WA
Posted

Hey guys! I Can't believe this deal! I can't understand why it's been on the market for so long!

http://www.redfin.com/CA/Santa-Cruz/924-3rd-St-95060/home/2155384

  • Tax Amount: $2,331
  • Gross Rent Multiplier: 227.03
  • Rental Income: $13,875
  • Net Income: $6,211
  • Gross Scheduled Income: $13,875
  • Gross Annual Income: $12,904
  • Gross Annual Income Includes: Rents
  • Capitalization Rate: 0.1970000000

    • Oh man. A .2 Cap Rate?!? I'd de-convert it and make it my house. It's got a spectacular view!

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