*SOLD* Brick Duplex with 24% ROI

[Karen Schnabel]

This Brick Duplex has 1 bedroom 1 bath in each unit. Great location for easy access to downtown & has been updated.

Basics:

Beds: 2

Baths: 2

Sqft: 936

Expenses:

Sales Price: 65,000.00

Monthly Rent: 900.00

Estimated Taxes: 480.00 Yr

Estimated Insurance: 780.00 Yr

Management Fee: 1080.00 Yr

Maintenance & Vac. 8%: 1350.00 Yr

Cash Purchase:

Cash Flow: $592.50 Mo.

Return on cash investment: 10.94%

Leveraged Purchase:

Estimate Monthly Payment: $261.70

Cash Flow: $330.80 Mo.

Return on leveraged “cash on cash” with 25% down 24.43%

Call Karen 317-572-9000 | [email protected]

To view this property or other investment properties got to:

http://www.neurealestategroup.com/neu-real-estate-group-off-market-listings/816-818-n-beville/