Jun 22 2008
16% Return – Cash Flowing Quad in California
THIS DEAL IS BACK ON THE MARKET!
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$4,753 per month income (includes a 2% vacancy)
$3,310 per month expenses (includes PITI plus repair savings)
$1,443 monthly income
Get your fourth of this with a Downpayment = $26,235 = ROI 16.5%
The Deal.
A cash-flowing four-unit residential in the Bay Area. Anyone who invests in property in the California Bay Area is no doubt aware that positive cash flowing, investment property, priced below $500,000 is in a word, rare.
Contact.
Interested parties should not hesitate to contact Eric at 510-289-8906.
I just checked, there is another quad with a 3bdroom right down the street renting for $1600/mo.
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