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Updated over 8 years ago,

Victor Foo's profile image
Victor Foo's profile image
Victor Foo
  • from Toronto, Ontario
  • Member since Nov 10, 2015
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Victor Foo's profile image
Victor Foo's profile image
Victor Foo
  • from Toronto, Ontario
  • Member since Nov 10, 2015
Connect
Victor Foo
  • Toronto, Ontario
0
Votes |
9
Posts
Classifieds

Contract for Turnkey 20%CAP Triplex in Georgetown, OH

Victor Foo
  • Toronto, Ontario
Posted

Contract for Triplex: Three 1bed/1ba units

Total Rents: $1550/month
Property Management: 10%
Utilities: $3986/yr
Tax: $360/yr
Insurance $500/year
Water/Sewer/Trash: $400/year

NOI: $1550*12*0.9 - $3986 - $360 - $500 - $400 = $11,494
Contract Price: $57,470

Cap Rate: 20%

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