Five family with current list price representing an estimated 14.9% cap rate. The estimated income and expenses is generating an estimated 40% cash on cash return. That includes a 5% vacancy factor and a mortgage based on $143,920 at 5.5% amortized over 25 years. Tenants pay their own electric, and there has been a recent conversion from oil to gas for heat and hot water. There is a three car garage for more income potential.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
