BGE Properties LLC
SOLD - SOLD - SOLD
SOLD - SOLD - SOLD - SOLD
SOLD - SOLD - SOLD
SOLD - SOLD - SOLD - SOLD
$189,000
2422 7th Ave Council Bluffs, Iowa
$189,000
2422 7th Ave Council Bluffs, Iowa
Click on link for listings - BillSimmonsRealtor.com
Gross Income : $34,200
Vacancy 5% : 1710
Taxes : 5642
Insurance: 1276
Maintenance 10%: 3420
NOI: $19784
Cap Rate: 10.4%
GRM 66.32
Cost Per Unit $47250
UPDATES
UPDATES
* 8 Windows
* Thrasher water proofing
* New furnace & AC 2016
* Water Heater 2016
* Two new bathrooms 2015
* One new kitchen 2015
* Carpet in two units 2015
RENT ROLL
RENT ROLL
UNIT 1 - 2 BR $675
UNIT 2 - 2 BR $675
UNIT 3 - 3 BR $725
UNIT 4 - 3 BR $775
Total Month : $2850
Tenants Pay:
Gas & Electric - separately
metered
Landlord Pays:
Water & garbage
Off street parking
100% OCCUPIED!