2 Unit Plus Garage, Full Occup, Rent $1400/mo, Asking $64,900

[Jason Stutenroth]

Investor opportunity to own this multi-unit investment property. This property contains (1) 2 bedroom / 1 bathroom rental, (1) 2 bedroom / 1 bathroom rental and (1) garage rental. These units produce $1,400/month in gross income. Property has the potential of producing $8003 Net Operating Income and a 12.33% Capitalization Rate (when allowing for future property management 10%, vacancy 5%, repairs/maintenance 8%).