Package Deal... 31 & 80 Bellevue Asking Price: $27,000 Repair Guesstimate: $26,000 Closing Costs Guesstimate: $1,400 Total Projected Investment: $54,400 Yearly Gross Rent $18,300 -10% Vacancy -10% Misc Repair Taxes $2,800 Insurance $1,500 Projected Net Income: $10,340 Cap Rate: 19% w/Property Management: $8,510 Cap Rate: 15.6%
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