• Bundle of 5 properties (4 SFR + 1 Duplex) would be a great addition!
• They are all currently rented
• Lots of repairs were done in the previous year
• There is a property management company currently in place but it's up to you to keep it or manage by yourself to increase the NOI.
ASKING PRICE: $127,000
Annual Gross Income : $37,812
Annual Taxes : $2,933.00
Insurance : $2,746.00
Property Management : $3,781.00
Net Operating Income (NOI) : $28,352.00
CAP RATE : 22%