28.25% ROI DUPLEX IN GREAT AREA | CASH BUYER NEEDED $456.31/month

[Asela H.]

Unique multi-family property. 2 units in a desirable Nebraska area. Big Cap Rate and Cash Flow! Great location, Close to a university, art gallery, and museum. All new upgrades.

$1,300.00 Monthy Income.

28.25% CASH ON CASH ROI

$456.31/monthly NET cash flow.  (This even includes 7% for maintenance AND 9% for property management!)

10.16% PRO FORMA CAP

12.41% PURCHASE CAP RATE

ABOUT THE PROPERTY

Owner added all new appliances.

There's a room upstairs that has its own entrance via outdoor stairs. That one is a 1bed/1bath. Upstairs has a kitchen with a refrigerator & stove, living room, and covered porch.

And the one downstairs is a 3bd/2bath with its own kitchen, dining area, and living room.

House is currently vacant, but the area rents quickly. We've calculated the income for both rooms with the raised rent prices per Rentometer's suggestion of what the other rentals around the area go for.  The 1/1 will go for $525 and 3/2 will go for $775 easily.

All for $70k! Won't last! Seller is very motivated. 

We are selling our assignable purchase contract.

We also have another multi-family unit available for purchase as well.