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Cash Flowing Duplex! $32K - 22% Cap Rate! - Pittsburgh

Posted by Jeff Vasishta on July 22, 2012 at 12:29pm
Price:$28,900.00
Address 1:726 Hemlock Way
Address 2:Glassport
City:
State/Province:PA
Zip/Postal Code:15045
Bedrooms:2 X 2
Bathrooms:2
Living Square Ft:
Year Built:

Detailed Description:

TURNKEY DUPLEX - 22% CAP

This side by side duplex is a rock solid money maker. It only needs $3000 in minor repairs to be rental ready. Each side will easily rent for $495/unit. Property management is in place for the out of state investor. The numbers speak for themselves.

Purchase Price + Repairs: $31,900

Monthly Income: $990 

Monthly Expenses: 

Taxes: $95
Insurance: $65
Water: $120
Management: $100

Total Monthly Expenses: $380

Total Monthly Cash Flow: $610

Total Annual Cash Flow: $7320

Cap Rate: 22%
 
Please call 1-888-531-7017 if interested.
 
 

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Tags: cash, duplex, flow, pittsburgh
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