6 UNITS
2BR/1BA
RENTAL RATE:650
TAXES: 3,129 (2009)
SEPARATE UTILITIES
SEPARATE HVAC
OFFERED AT :150,000 (will be fully rehabbed, professionally managed, and tenanted)
ANNUAL INCOME: 50,400 (GROSS)
MANGEMENT FEE: 5,040
VACANCY RATE: 5% 2,520
UPKEEP/REPAIRS: 3% 1,512
ANNUAL NET: 41,328
RETURN ON INVESTMENT: 23-28%
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