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Updated over 7 years ago,
Off Market Cash Flowing Triplex - Atlanta - Multifamily
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.
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