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642 Eldorado Street
Fort Pierce, FL 34949
Asking Price
$1.20M
Cap Rate
4.39%
Asset Type
Multifamily
Class
Class B
What's Special
Coastal 4 Unit Multifamily <ul><li>Strong In-Place Cash Flow - ~$81,000 Gross Annual Income</li><li>The buildings currently averages approximately $1,687.50 per unit in monthly rent, generating projected gross income of approximately $6,750 monthly and $81,000 annually across the eight-unit portfolio.</li><li>Four Large-Format Units with Proven Rental Demand</li><li>The property consists entirely of spacious 2-bedroom, 1.5-bath units averaging approximately 1,001 square feet, supporting broad tenant appeal and long-te
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
