Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 08/03/2017

User Stats

295
Posts
13
Votes
Isaac Zilberman
  • Wholesaler
  • Buffalo, NY
13
Votes |
295
Posts

Turnkey Property - Cap Rate 14% - Gross Rent Multiplier = 5 Years

Isaac Zilberman
  • Wholesaler
  • Buffalo, NY
Posted

Great Investment opportunity for self-directed IRAs and Solo 401(k)s. Turnkey investment w/ excellent cash flow.

-

***Brokers And Agents Are Welcomed - High Referral Bonuses Offered***

-

***Owner Financing Is Available***

***NO Credit Check***

***Bad Or No Credit Is Not a Problem***

***NO Income Verification***

-

Gross Operating Income: -----------------------------> $13,500

Total Operating Expenses: ---------------------------> $3,783

Net Operating Income: --------------------------------> $9,717

Monthly Net Operating Income: -------------------> $810

Monthly Rent To Purchase Price Ratio ----------> 1.63%

The 50% Rule Capitalization Rate: ----------------> 9.78%

Gross Rent Multiplier or GRM: ---------------------> 5 Years

Monthly Gross Rent Multiplier: --------------------> 61 Months

Capitalization Rate: ------------------------------------> 14.08%

-

This Turnkey Rental Property has:

Tenants In Place!

Management In Place!

No Repairs Needed!

Strong Positive Cash Flow From Day One!

-

Ideally located near local shopping and public transportation this two family turnkey property is an investors dream! Offering a short drive to the Erie County Medical Center and Delaware Park 544 Minnesota Ave features recent updates that offer both comfort and convenience to any tenant. Message me today to set up a call for more information.

Email now for more information- Please include your name, your email address and your phone number. Text or email: 716-266-6599 // [email protected]

P.S. 

Does your money works for you? 

https://lnkd.in/et3rPAA

Offering

Loading replies...