Hot Income Property Amazing cash making machine Property generates insane profits!! 2 Duplexes on 1 parcel, total of 4 units Fully occupied, tenants paying $425/month per unit on average. Great condition, no deferred maintenance needed. Concrete block construction. Separate electric and water meters. Great long term hold. 20.42% gross return, 15.95% cap rate. Income: $20,400/year 4 units rented at $425/month Expenses: $4,460/year Water bill: $1,200/year Lawn care: $360/year Taxes: $1700/year Insurance: $1200/year (estimated) Net Income: $15,940
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