this large spacious two family has 6 rooms per unit and can be used as a 3-4 bedroom apartments. lots of space. some updating. including central air and gas forced air furnaces (all updates were done by the previous owner). two car detached garage too. Current rents are $600 and $650 on leases. that means $1250/month or 15000/year. So, if you purchase it at $138000 and put 20 % down, and get a 7 % loan (apr @ 7.45) your payment would be $ 734 plus tax & ins .. $ 162 = 896 payment leaving you $ 354 .... every month or $ 4248 every year. that will more than cover sewer and water. remember that this owners expenses include management
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