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 about 7 years ago,

User Stats

17
Posts
0
Votes
David Vasquez
  • Specialist
  • Burbank, CA
0
Votes |
17
Posts

13 Units-Multifamily-Cash on Cash Return 79.75% =$54,949 1st Year

David Vasquez
  • Specialist
  • Burbank, CA
Posted

Hello,


This is David Vasquez, I’ve got a deal that I think might be right up your alley and an opportunity . . .


The deal below is one I have, the seller is motivated.


Let me know if you’re interested, and that you want to know more, so we can send you the summary with pictures.


Here’s The Benefits Of $68,900 down on This Deal . . . Paradise CA

13 Unit Deal. . . Asking $689,900

80% Finance with--10% down $68,900 --10% 5 Year Balloon $68,900 Payment.

1. 13.36% Cap Rate.

2. Projected Average Annual returns of 86.18%.

3. IRR 63.54%.

4. Cash Flow After Debt Service $51,995.

5. Monthly Positive Cash Flow $4,332.

6. Investors Cash on Cash Return 79.75% ($54,949 1st Year Cash Return)

7. 4 Year Re-Finance Total Cash to Investor at Re-Finance is $393,692.

8. 7 Year Total Profits from Appreciation to Investors $679,885.

9. Cash to Investors $745,082 after 7 year Sale.

“Two Ways To Increase Your Net Operating Income & Property Value To This Deal . . . “

1. 13 unit Rent Increases of $27 each . . . Convert Water to Sub Meters of 13 units, Increases the Property Value to $130,650 the 1st Year and the 2nd Year the Property Value Increases to $261,000.

2.  Net Operating Income is $10,452+$54,949=$65,399 Cash Return on Investment is 95% the 1st Year

3.  From $689,900+$261,000 with Water/Rent Increases Property Value Increases to $950,900 after 24 Months.

4. Did You Know You Can Utilize 20 more strategies to increase Your Net Operating Income in this deal?

5. Add Appreciation ($261,000) and Amortization Principal ($11,380) And Depreciation, to your Cash on Cash Return.

6. When you’re ready to move forward we can be ready to help you.

7. If this deal is not for you Understood, But If you’re thinking about somebody you know, we will pay you a referral fee.

How You Could Help . . ?

We’re recruiting property scouts who are interested in real estate, if you are interested or know somebody interested we would like to hear from you.

Don’t hesitate to give us a call if you have any questions.

Best Regards,

David Vasquez

(626) 975-6142

[email protected]

Offering

Loading replies...