Subject Property:

2/2 Duplex

1,008 Sqft

Built: 1946

Construction: Block

Plumbing: 2014

Roof: 2014

Electric: Separate Meters

Flood Zone: X-- No Flood Insurance Required

Renovated in 2014: Roof, Updated plumbing, Cosmetics, Lvp Flooring, Windows

Cap Rate:

$1,700 x 12 months =$20,400

$1,200 insurance

$1,700 taxes (based on sale price of $162,000)

$1,020 Vacancy (5%)

$1,020 Maintenance (5%)

$1,836 Property Management (9%)

$600 lawn care

$13,024 Cash Flow/$162,000 = 8.03% NET Cap

Projected rents are $850/unit.

Current owner has held the property for 10 years-- looking to sell and 1031 into a large development

$5,000 MINIMUM EMD required within 24 hours of acceptance of offer

Proof of funds required with offer

Property sold as-is

Buyer covers closing costs

No assignments-- End buyers only

Do not disturb tenants

Do not resend, post or advertise deal without permission

Please text or email Cody:

Text: 262 325 1924

Email: cody@csrealestatepartners.com