13% Cap Rate - 32% Cash on Cash Return - $1155 Positive Cash Flow!
Features
Square Footage: 3500
Zoning: C2
Broker: More Homes LLC
Floors in Bldg: 2
Lot Size: 150 X 220
Pricing
Price: $200,000.00
Income: 26,000
Expenses: $4000
Cap Ratio: 13
Building Amenities
Security System
Exterior Amenities
Parking Lot
Near Shopping
Near Public Transit
Description
Approx 3500 Square Feet of Office Space.
150' Highway Frontage.
Remodel and Long Term Tenants Included.
$2500 Rents Per Month.
$1155 Positive Monthly Cash Flow!
Tenants pays Insurance and Maintenance.
Debt Coverage Ratio 2.14
Annual Gross Rent Multiplier 7
Monthly Gross Rent Multiplier 80
Capitalization Rate 13.0%
Cash on Cash Return 32%*
Total Return on Investment 45%
*based on 20% down loan 30 year conventional financing at 6.5% apr.
Contact: Missouri Real Estate Exchange | 816-761-9400 | DANREEDY@MOREKC.COM
For additional information, see: http://www.vflyer.com/home/crlk?id=2424946&ps=16 or reply to this ad.