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Updated over 4 years ago,
The Concord Apartments
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,400,000
Cash invested: $400,000
32-unit
Class B-
Approximately ~$7,000 cashflow per month after mortgage in Year 1 and 2 (Interest Only Period)
Approximately ~$5,000 cashflow per month after mortgage in Year 3+