3616 SW VERMONT ST

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3616 SW VERMONT ST

PORTLAND, OR 97219
Asking Price
$880K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Two newly built detached 3 bedroom cottages steps from Gabriel Park, vacant and ready for lease up <ul><li>​<strong>Two home new construction offering</strong> consisting of the front detached cottages at <strong>3616 and 3630 SW Vermont St</strong>, each designed with <strong>3 bedrooms, 2.1 bathrooms, and 916 sqft</strong>.</li><li>​<strong>Vacant and ready for lease up</strong>, allowing an investor to establish new market rents, lease terms, tenant screening standards, and operating procedures immediately.</li><li>​<strong>Projected gross rental income of $6,200/month</strong>, based on e

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NOI
$80,000
Cap Rate
9.09%
DSCR
1.53
Strong
Cash-on-Cash
10.52%
Monthly Payment
$4,353.265
Annual Cash Flow
$27,760.819

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