
Description
HUGE 11.6% Coc returnWE HAVE FINALLY MADE THIS PROPERTY AVAILABLE TO SHOW AS OF 3/1/21Investor opportunity. Beautiful renovated rental property Single Family unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NOIAt list price it offers a very strong 9.3% CAP rate. If financed with 20% down/15 yr AM at 3.75% it produces $6,701.69 positive cash flow.SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378Current lease expires SFR 7/20/21. Carriage House 6/15/21.SFR is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.
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5BEDS
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0.23ACRES
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3BATHS
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01/2 BATHS
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2,615SQFT
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$111$/SQFT
School Ratings & Info
Description
HUGE 11.6% Coc returnWE HAVE FINALLY MADE THIS PROPERTY AVAILABLE TO SHOW AS OF 3/1/21Investor opportunity. Beautiful renovated rental property Single Family unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NOIAt list price it offers a very strong 9.3% CAP rate. If financed with 20% down/15 yr AM at 3.75% it produces $6,701.69 positive cash flow.SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378Current lease expires SFR 7/20/21. Carriage House 6/15/21.SFR is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.
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