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737 40th Place
Fairfield, AL 35064
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
Large 2/1 units QUADPLEX <p><span style="color: rgba(0, 0, 0, 1)">units A, B & C have been fully renovated. Everything has been brought up to code. Electric was brought to code for the entire building approx. 3 years</span></p><p><span style="color: rgba(0, 0, 0, 1)">ago. Unit A: Vacant (will be rented for $1000 mo) Unit B: $850 ($828 paid by Sec 8), Unit C: $1000 ($980 paid by Sec 8), Unit D: $550 ($528 paid by Sec 8) (long term</span></p><p><span style="color: rgba(0, 0, 0, 1)">tenant - PM working to raise their secti
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
