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Mixed use property in East York for Sale

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%

Investment Financial Review

 

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