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Updated over 7 years ago, 09/12/2017
Duplex in Billings, MT For Sale
Duplex for sale in Billings, MT
Updates include foundation, plumbing, electrical, roof, windows, siding. Separate entrances & laundries, extra parking, fenced yard. Room for a garage to help increase the value and the rent!
$190,000 purchase ($215,000 value) $5,000 estimated repair costs 20% down, amortized over 30 years with 4.6% interest 8% vacancy, 7% repairs, 8% CapEx, 10% property management included leaves the you with 9.30% cash on cash ROI and $352.61 monthly cashflow ($4,231.32annually) Want to manage the property yourself and make more $$ Removing the property management company for a better return on your investment gives you 14.71% cash on cash ROI and $557.61 in monthly cashflow (6,691.32 annually) Email me at [email protected] for more information! |