249 E. 115th Street
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 249 E. 15th St |
| Price | 179,500 |
| Units | 2 |
| Description | |
| Opportunity knocks again! Solid all brick building has long term store lease with successful business. Huge 2nd flr apt is approx. 2200 sq ft. has been remodeled with new hardwood floors, new carpet, new windows. Individual utilities. Owner only pays water. Easy investment, great cash flow. Good shape | |
| Summary - Operating Information | |
| Price | 179,500 |
| Down Payment | |
| Number of Units | 2 |
| Price Per Unit | $99,450 |
| Gross Rent Multiple | 7.5% |
| Capitalization Rate | 11.4 |
| Approximate Age | 100+ |
| Approximate Square Feet | $5,250 |
| 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 | $2,394 |
| Insurance | $1,200 |
| Other Expenses | |
| Total Expenses | $3,955 |
| Net Operating Income | |
| 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.