Three family where tenants pay their own utilities with good rental history. First floor tenant is a long-term tenant. Second floor tenants are contracted through a local agency. At list price the cap rate is an estimated 12.3% and the cash on cash return is an estimated 28%. These numbers are figuring in a 5% vacancy factor with a 8% management fee with financing terms of 20% down at 5.25% with a 25 year amortization schedule.
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