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Updated over 1 year ago,
Multi-family 5/6-Plex blocks from downtown Franklin, IN
Investment Info:
Large multi-family (5+ units) buy & hold investment in Franklin.
Purchase price: $157,500
Cash invested: $10,000
Large multi-family (6-plex). 3 small 1br/1ba, 3 studios
The breakdown is as follows:Unit A $1000/monthUnit B $1000/monthUnir C $700/MonthUnit D $715/MonthUnit E $685/monthUnit F $750/month
Monthly rent roll $4850; Gross Annual Rents $58,200; Purchase CAP 11%