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331 Rosewood Drive
Alexandria, LA 71301
Asking Price
$1.20M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
<p><strong style="color: rgba(0, 0, 0, 1)">This 19 unit residential package offers an immediate way to grow your rental business through a single purchase. The portfolio consists of 17 single family homes and one duplex, with most properties featuring 3 bedroom layouts. The properties currently generate $14,096 in monthly rent (when fully rented) and with only two vacancies at this time, the portfolio is nearly full. There is also room to increase the total income by bringing older rent rates up
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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
