THIS PROPERTY CASH FLOWS. GREAT TENANTS. WELL MAINTAINED. You are likely looking at 10,000+ duplexes, we getit. Focus on this one. Being sold at a 6.5% cap rate, & 1.38 Debt Coverage Ratio at the asking price,generating a provable Annual Net Cash Flow of $7,305 from day one (assuming a 80% Loan to Value mortgage).Fully rented to great tenants that pay on time, and they pay their own utilities on separate hydro & gasmeters that shift utility burdens away from the owner. Positioned on an expansive 182-ft deep lot, so tons ofroom for a future Additional Dwelling Unit (ADU) in the back yard. Additional parking can be added off thealley as well. With a rock-solid Net Operating Income (NOI) of $26,589 and $48,210 in projected mortgageprincipal reduction over five years, this is a wealth-building asset designed for investors who refuse tosettle for average returns. Please allow 36 hours for showings. Cash flow analysis etc. upon request!
