TOP LOCATION. GREAT TENANT MIX. TOP RENTS. 2 - 2BDR $995+795. 2 - 1 BDR $695+695. TOTAL MO INCOME $3180 TAX 600 INS 120 W&S 150 ELEC 50 EXPENSES $920 NET INCOME B/4 DEBT SERVICE $2260 $80,000 DOWN (20%) $310,000MTG @5% 30YR P&I $1660 CASH FLOW $600 PER MO. $7200 PER YEAR = 9% CASH ON CASH ADDITIONAL RENT (VALUE INCREASE): 2ND FLOOR 2 BEDROOM NEW LEASE AT $995/MO. 2ND FLOOR 1 BEDROOM EXPANSION INTO CITY VIEW 3 FLOOR (ATTIC) WITH NEW LEASE $1295/MO.
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