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Updated almost 9 years ago on . Most recent reply

Steve Enochs's profile image
Steve Enochs's profile image
Steve Enochs
  • Contractor
  • from Twentynine Palms, CA
  • Member since Jan 3, 2014
  • Posts 18
  • Votes 12
  • Experience 30 Yrs
  • Investments 1
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18
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12
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Steve Enochs's profile image
Steve Enochs's profile image
Steve Enochs
  • Contractor
  • from Twentynine Palms, CA
  • Member since Jan 3, 2014
  • Posts 18
  • Votes 12
  • Experience 30 Yrs
  • Investments 1
Connect
Steve Enochs
  • Contractor
  • Twentynine Palms, CA
12
Votes |
18
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Classifieds

California Triplex $170,000 11 Cap Rate!! Near Marine Base

Steve Enochs
  • Contractor
  • Twentynine Palms, CA
Posted

Cash Flow Machine - California 3 Units $170,000. 29 Palms is home to the Worlds largest Marine Base and Joshua Tree National Park. 29 Palms offers good cap rates and stable rental market. Contact me and I will send you additional information. Property management available.

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Stephen Franco's profile image
Stephen Franco's profile image
Stephen Franco
  • from Scranton, Pennsylvania
  • Member since Jan 29, 2016
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Stephen Franco's profile image
Stephen Franco's profile image
Stephen Franco
  • from Scranton, Pennsylvania
  • Member since Jan 29, 2016
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Stephen Franco
  • Scranton, PA
44
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201
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Stephen Franco
  • Scranton, PA
Replied

Can you show me how this property cap rates at 11?

I see 1700 minus 10% mgmt 10% maint 10% vacancy

minus lets say 200/mo in taxes (low I'm guessing) 100 /mo insurance and 100/mo sewer

1700-170-170-170-100-200-100=790 or 9840

6% cap

  • Stephen Franco
    • 2 Votes
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