Courtesy of CENTURY 21 HOMETOWN ASSOCIATES (LENOX)
New roof August 2018 and most of the windows are vinyl replacement windows. Three family building with the potential rental income of $32,100, expenses are an estimated $12,062 per year giving you an NOI of $18,433 which includes a 5% vacancy factor. At current list price cap rate is 10.5% and the cash on cash return is an estimated 20.4%. Tenants pay their own heat and electric while the landlord pays for hot water for all units in which water heater is relatively new.