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Updated almost 8 years ago on . Most recent reply

User Stats

309
Posts
132
Votes
Rush Wall
  • RE Investor
  • Newnan, GA
132
Votes |
309
Posts

Off Market Cash Flowing Triplex - Atlanta - Multifamily

Rush Wall
  • RE Investor
  • Newnan, GA
Posted

Off Market, Cash Flowing Triplex located on the west side, property is 1.5 miles from Beltline. Each unit is 2/1 and has signed lease, two leases are through November and third is through May. No immediate repairs needed. DO NOT DISTURB TENANTS, DRIVE by ONLY. 

PICTURES

Purchase Price - $100,000

Repairs - $0

ROI Breakdown:

Monthly Rent - $1,725

Rent x 12 = $20,700

Taxes (2015) = $531

Property Management (8%) = $1,656

Maintenance (10%) = $2070

Insurance Estimate = $750

Net Annual Cash = $15693

ROI % = 15.7

Offering

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