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40 M.L. KING DR
JERSEY CITY, NJ 07305
Asking Price
$619K
Cap Rate
7.04%
Asset Type
Apartment Building Retail
Class
Class B
What's Special
<p>Existing income with room for upside! </p><p>Solid brick building. Recently Renovated! </p><p>Spacious two apartments, consisting each 3 beds, 1 and half baths!</p><p></p><p></p>
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NOI
$80,000
Cap Rate
12.92%
DSCR
2.18
Strong
Cash-on-Cash
23.29%
Monthly Payment
$3,062.474
Annual Cash Flow
$43,250.309
