Three duplexes on three separate parcels of land, each parcel has 2 units, One three bedroom/ Two bath & a Two bedroom/Two Bath, carport between these duplex units. All three properties are sold together. A total of 15 bedrooms, 12 baths, with solid well screened tenants in place. Easy care and low maintenance, Single level dwellings with tile floors throughout, excellent floor plan, steel framed construction, well cared for properties. Income from all three parcels is 74,520 per year or $6210 per month. Current monthly expenses are $295.00 per parcel per month or $10,539 yearly expenses for all three. This includes real property taxes, insurance, water and yard care. Cap rate of 7.1% 12.73% is gross rent multiplier or grm. The Two other properties included in the sale: 3-9-5-9-23 & 3-9-5-9-24.Talk to your accountant about the three tax deductible Hawaiian "vacations" per year.
*Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit.
Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and
property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers.
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