TITLE:
Dulex Newport, Ky
CONTROL:
Exclusive
VALUE:
$170,000
LOAN:
$0
EQUITY:
$170,000
TYPE:
Multi-Family
HAVE:
Duplex with two long term tenants in it. Very little issues, management in place.
ADDRESS:
110 W 7th St, Newport, Kentucky
BENEFITS TO NEW OWNER:
Cash flow with appreciation
GROSS SCHEDULED INCOME:
$21,156 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$21,156
EXPENSES:
$7,404
NOI:
$13,752
DEBT SERVICE:
$0
CASH FLOW:
$13,752
CAP RATE:
8.09%
BENEFITS SOUGHT:
Move up or lateral
CAN ADD:
5 unit MF
COUNSELOR:
Jim Carmichael
Berkshire Hathaway Commercial Real Estate
2320 Grandview Drive
Fort Mitchell, Kentucky, 41017
