3CashFlowingTriplexesPackageWithUpsidePotential20CAP Apartment Rental at Cash Flow Investors Portal in Florida, USA

Please Wait...
Your transaction is in process, please do not click on browser's back button or reload the page.

Logo

 3 Cash Flowing Triplexes (Package) With Upside Potential! 20%+ CAP

  • Apartment
    2388 square_feet
    bedroom 17 Bedrooms
    bathroom 9 Baths
  • Rental
    $450,000 0
    Status : Sold
    Year Built : 1964
 Description
Washington ST SE Palm Bay FL 32905

$450k

Triplex 1: 6bd/3ba - 2 out of 3 tenant occupied Collecting $1,225 (below market) Should be $2,500 with all 3 rented and at market value
Triplex 2:6bd/3ba - 2 out of 3 tenant occupiedCollecting $1700Should be $2500 with all 3 rented 
Triplex 3:5bd/3ba - 2 out of 3 tenant occupiedCollecting $1700Should be $2500 with all 3 rented
Laundry room brings in additional $800-$1000/mo

Rehab consists of finishing remodel in 3 of the rooms some materials are included $15k+/- estimate

Call/Email for more info!
 Rehab Work Needed
 General Amenities
 Distance
Image Gallery
1568664185_880493130.png

 Summary

Overview
3 Cash Flowing Triplexes (Package) With Upside Potential! 20%+ CAP Sold
$450,000
Property ID: FL190949847
Address: Login to View
City: Palm Bay
State/Province: FL
Zip Code: 32905
Country: USA


Rental Analysis

+ Purchase Price: $450,000
+ Purchase Closing Cost: $13,500
+ Rehab Cost: $15,000
Total Acquisition Cost: $478,500


Monthly Rent: $7,500
+ Annual Potential Rent: $90,000
- Vacancy (3%): $2,700
Annual Gross Income: $87,300
Annual Gross ROI: 18.24%


 Message

7 + 7 = ?