2-Unit Opportunity

[Kujtim Beganaj]

Here is a potential opportunity I am considering. See below for the numbers... I would appreciate any feedback, thanks in advance. Selling Price: $78,000. Renovation costs estimate: N/A Total Investment: $78,000. Monthly Gross Property Income: $1,200. Yearly Gross: $14,400. Expenses: Taxes: $1,428. Insurance: $1,165. Utilities: water/sewer, garbage: $750. est. (tenant pays electric and gas) Annual City Rental License Fee $40/unit: $80. Maintenance: $400. Yearly expenses: $3,723. Net operating income (NOI): $10,577. Capitalization Rate: (NOI divided by total investment): 12.3% posting id: 4769234201 posted: 19 days ago updated: 12h ago View Original