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246 Mulberry Street
Newark, NJ 07102
Asking Price
$700K
Cap Rate
6.04%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Prime Property in Redevelopment Zone <p>Tenant in 2nd year of 3 year lease with graduated increases in gross lease.</p>
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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383
