| N/A | N/A | 5682 |
| Beds | Baths | Sq. Ft. |
|---|
GREAT INVESTMENT DEAL! Rents at $900 for 3 units and $950 for 1 unit is = $3650 gross income per month. At 3.25% interest rate x $349k is $1518.87 for Principle and Interest, Taxes are $6340 annually or $530 a month, and Insurance is $1700 annually or $141 a month. Utilities average $250 a month. So you are looking at $2440 per month in expenses. Projected profit per month = $1210 per. month - 5% vacancy rate you are still looking at $1150 per month in cashflow.
Courtesy of Tommy Ray
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