The Real Estate Investor's Magazine
Missouri Offers the following with its "Townhome-style" duplexes:
Market Value: $240,000
Price: $189,000
Rental Income: $2,000
Mortgage: $1,305
Bedrooms: 2 x 3
Baths: 2 x 2
Size: 3,300
Parking: 1 car attached
Property Tax: $125
Insurance/HOA: $113
Property Mgmt: $200 Built: New
Leased: Yes
CASH FLOW: * $402
Cap Rate: 9.4%
* Based on a 5% down-payment, 30-year fixed-rate loan at 5.50%.
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