364 S SIXTH ST

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364 S SIXTH ST

FULTON, NY 13069-2610
Asking Price
$135K
Cap Rate
10.5%
Asset Type
Single Family Rental Portfolio Retail
Class
Class B

What's Special

Leased to a great section 8 tenant <ul><li>​<span style="color: rgba(34, 34, 34, 1)">Fully occupied with a reliable Section 8 tenant paying </span><strong style="color: rgba(34, 34, 34, 1)">$1,800/month</strong></li><li>​<span style="color: rgba(34, 34, 34, 1)">Tenant pays utilities, helping minimize landlord expenses</span></li><li>​<span style="color: rgba(34, 34, 34, 1)">Strong cash flow opportunity with government-backed rental income</span></li><li>​<span style="color: rgba(34, 34, 34, 1)">Turnkey property with recent interi

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NOI
$80,000
Cap Rate
59.26%
DSCR
9.98
Strong
Cash-on-Cash
177.74%
Monthly Payment
$667.906
Annual Cash Flow
$71,985.124

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