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Updated almost 9 years ago on .

Eric Partin's profile image
Eric Partin's profile image
Eric Partin
  • Investor
  • from Savannah, GA
  • Member since Jun 9, 2016
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7
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2
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Eric Partin's profile image
Eric Partin's profile image
Eric Partin
  • Investor
  • from Savannah, GA
  • Member since Jun 9, 2016
Connect
Eric Partin
  • Investor
  • Savannah, GA
2
Votes |
7
Posts
Classifieds

Cashflowing All brick 6 plex

Eric Partin
  • Investor
  • Savannah, GA
Posted

Brick Multi­plex 6 Units: 4 (1 Bed/ 1 Bath), 2 (Studio/ 1 Bath) 4680 sqft, built 1940 Closing date: 30 days

*Needs Rehab. **Owner pays Water, Yard Maintenance, Snow removal

Rehab: $60,000
Carrying Costs: $1,000
Closing Costs: $2,000
Total Turnkey Price: $216,000

ARV: $220,000

Your Price: $153,000

Rental Projections

Rent: $3300 Taxes: $527 Insurance: 220 Maintenance:$165 Management: $264 Vacancy: $165 Lawn/Snow: $180 Water:$190

Net: $1589

Monthly x 12= $19,070 Strictly COCR 9.39%

Call or Text: 206-954-9292

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