This is one of the BEST DEAL IN TOWN, AMAZING PROPERTY AND OFFER AT THIS AMAZING SELLING PRICE Property consisted of 2 units as follow: Apt. #1 (2Bed/1Bath) Rented for $1,350/month , is rented under market value, it should be at least $1,500/month Apt. #2 (Efficiency) Rented for $750.00/month, is rented under market value, it should be $900.00 Both tenants have 6 months remaining in their lease. The property have 1 Electrical Meter and 1 Water Meter, tenant paid for Electrical, Landlord paid for Water. Total Income of the 2 units: $1,350+$750 = $2,100/m X 12 months = $25,200/year Total Income: $25,200/year.
Expenses are: Property Taxes year 2019: $3,044/year Insurance: $1,800/year Landscaping: $500/year