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Updated over 7 years ago, 09/12/2017

User Stats

20
Posts
8
Votes
Jessica Weiler
  • Investor
  • Manhattan, MT
8
Votes |
20
Posts

Duplex in Billings, MT For Sale

Jessica Weiler
  • Investor
  • Manhattan, MT
Posted

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!

Offering

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