Triplex in NY with section 8 tenants already in situ

[Helene Goodworth]

Please tell me this is as good as I think it is. I feel like I am missing something. I don't have financing yet but will be getting a DSCR loan for it. List price is $675000 but he said that they would accept an offer. Also, one of the homes can be raised from $1,850 to $2,300 when new owner takes possession.

3 Family House	675000
3 3 Bedroom Apartments
Apartment 1	2,205.00$
Apartment 2 HUD	2,300.00$
Apartment 3 HUD	1,850.00$
Total Rent Expected	6,355.00$
	76,260.00$
Expenses
School Tax 23-24	3,460.68$
Town and County 2024	2,222.30$
Insurance	3,035.51$
Lawn & Plow	2,400.00$
Repairs and Maintenance Furnaces	1,231.20$
Total known expenses	12,349.69$
NOI	63,910.31$
Cap Rate	9.47%