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4496 REINBEAU DR
BLACKLICK ESTATES, OH 43232
Asking Price
$2.60M
Cap Rate
7.26%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
41 RANCH STYLE APARTMENTS, COLUMBUS, OHIO <p>Cardinal Built ...41 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries 33 - 1BR - 1 bath 576 sf Avg Rent $675 3 - 2BR - 1 bath 864 sf Avg Rent $725 4 - Studios - 1 bath 288 sf Avg Rent $575 1 - 3 BR 1 bath 1152 sf Rent $795 Also has Rental Office/Storage unit Plenty of paved parking. Near all conveniences. Plenty of upside potential for additional income Please do not distur
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.51%
Monthly Payment
$12,838.644
Annual Cash Flow
$-74,063.729