Here’s a property that a client of mine inquired about and I found the numbers too good. This property has been on the market for a bit and no takers!
Check out the numbers and tell me what you think! The numbers work out to a nice 6.22% cap rate!
RATIO ANALYSIS | |||||
Exp/Inc Ratio | 34% | ||||
Cap Rate | 6.22% | ||||
Cash Return 1st year | 3.93% | ||||
ROI | 10% |
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