3913 W. Division
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 3913 W. Division |
| Price | 189,900 |
| Units | 4 |
| Description | |
| Make an OFFER! Three fully rehabbed apartments and a store front provide excellent income potential in a fast appreciating neighborhood. Also an additional two car garage; each unit has its own seperate heat. This makes for an ideal "live above the store" situation. Best of all the 25 x 125 lot next door is owned by the city. It can be used for a parking lot and bought cheap. | |
| Summary - Operating Information | |
| Price | 189,900 |
| Down Payment | |
| Number of Units | 4 |
| Price Per Unit | $62,250 |
| Gross Rent Multiple | 7.5% |
| Capitalization Rate | 11.5 |
| Approximate Age | Older |
| Approximate Square Feet | 3,125 |
| Price Per SF | |
| Approximate Net SF | |
| Price Per Net SF | |
| Total Expenses Per Unit | |
| Annualized Operating Data | |
| Scheduled Gross Income | |
| Vacancy | |
| Gross Operating Income | |
| Expenses | |
| Real Estate Taxes | $2,737 |
| Insurance | $2,500 |
| Other Expenses | |
| Total Expenses | |
| Net Operating Income | $34,489 |
| Loan Payments | |
| Pre-Tax Cash Flow* | |
| Principle Reduction | |
| Total Return Before Taxes | |
| Financing | |
| Interest Rate | |
| Type of Loan | |
| Amortization | |
| Term | |
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.