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Updated over 9 years ago,

Christopher Ilvento's profile image
Christopher Ilvento's profile image
Christopher Ilvento
  • Developer
  • from Monmouth County, NJ
  • Member since Apr 7, 2015
  • Posts 16
  • Votes 0
  • Experience 28 Yrs
  • Investments 2
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User Stats

16
Posts
0
Votes
Christopher Ilvento's profile image
Christopher Ilvento's profile image
Christopher Ilvento
  • Developer
  • from Monmouth County, NJ
  • Member since Apr 7, 2015
  • Posts 16
  • Votes 0
  • Experience 28 Yrs
  • Investments 2
Connect
Christopher Ilvento
  • Developer
  • Monmouth County, NJ
0
Votes |
16
Posts
Multi-Family and Apartment Investing

Apartment Building- Purchase Price?

Christopher Ilvento
  • Developer
  • Monmouth County, NJ
Posted

Vacant

Projected Gross Monthly Income: 24,000

Cap Rate 7.5%

Repair Costs: $300,00

Good Location, on site laundry and storage.

Has anyone sub metered electric and water and what is estimated cost and any information you can offer.

Sewer: $8,400/year

Electric Common area: $12,000/year

Insurance:$12,000 year?

Taxes: $40,000 year

Water: $9,600 year

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