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Updated over 7 years ago on . Most recent reply
Off Market 12% cap rate, top school, mins to future Bart station
Perfect rental, 6 units, great high school (Piedmont High), mins to future San Jose Bart station, no rent control:
-2 Master Suites (each rents for $1200)
-4 spacious bedrooms (each rents for $800), all with nice laminated wood floor. Most have vaulted ceiling
-large kitchen, good cabinets with granite counter top, tile floor
-large living room and dining room, tile floor
-utility room (sale includes existing dryer/washer, but you can put coin operated washer/dryer for extra income)
- separate entrances to units
WAY better than duplex or 4 plex!! SFH means lower mortgage interest rates and no rent control while getting income from 6 units!! Also perfect for airbnb!!
Total rental income $5600, with 25% down for 30 yr fixed at 4.5%
cashflow = $1915 per month, 12% cap rate!!
Please call/text Linda at 408-410-7530 or email to [email protected]
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