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$1,650,000  Investment Miami

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  • $1,650,000
    •
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  • 2 bedrooms
  • Investment  2 bedrooms
  • For Sale 
  • Miami
  • united states Flag United States
1050 NW 2nd St
Miami, Florida
Proforma

Sq Ft 13,568
Price per unit $ 76,190.48
Price per sq ft $ 117.92

UNITS21

9 Studios $ 575.00
2- 2 bedroom $ 750.00
11- 1 Bedroom $ 675.00

Gross Monthly rent $ 20,025.00
Laundry Income $ 840.00
Parking Income $ -

Vacancy 3% $ (600.75)
EGI month $ 20,264.25
EGI Yearly $ 243,171.00

Yearly Expenses

Taxes $ (21,000.00)
Insurance $ (18,900.00)
Electricity $ (1,050.00)
Water & sewer $ (5,040.00)
Misc 3%
Maintenance/Reserves $ (2,793.00)
Garbage $ (3,300.00)
Management 5% $ (12,158.55)
Advertising $ (900.00)

EGI $ 243,171.00
Total expenses $ (65,141.55)
NOI $ 178,029.45
% of EGI26.79%

CAP RATE 11.13

Expense per SQ FT $ 4.80

Eli
305-519-0949
1050 NW 2nd St
Miami, Florida
Proforma

Sq Ft 13,568
Price per unit $ 76,190.48
Price per sq ft $ 117.92

UNITS21

9 Studios $ 575.00
2- 2 bedroom $ 750.00
11- 1 Bedroom $ 675.00

Gross Monthly rent $ 20,025.00
Laundry Income $ 840.00
Parking Income $ -

Vacancy 3% $ (600.75)
EGI month $ 20...
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