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Updated over 7 years ago, 08/03/2017
Turnkey Property - Cap Rate 14% - Gross Rent Multiplier = 5 Years
Great Investment opportunity for self-directed IRAs and Solo 401(k)s. Turnkey investment w/ excellent cash flow.
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***Brokers And Agents Are Welcomed - High Referral Bonuses Offered***
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***Owner Financing Is Available***
***NO Credit Check***
***Bad Or No Credit Is Not a Problem***
***NO Income Verification***
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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%
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This Turnkey Rental Property has:
Tenants In Place!
Management In Place!
No Repairs Needed!
Strong Positive Cash Flow From Day One!
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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.
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