6216 N KERBY AVE

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6216 N KERBY AVE

PORTLAND, OR 97217
Asking Price
$1.65M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

New construction 4-plex directly across from 16-acre Peninsula Park with projected 6% cap rate <p>• New construction 4-plex directly across from 16-acre Peninsula Park</p><p>• Four townhome style homes totaling ~3,936 SF of residential living area</p><p>• Projected gross scheduled rent of $10,980/mo, or $131,760/year</p><p>• Unit mix: two 3 bed / 2½ bath homes and two 2 bed / 2½ bath homes</p><p>• Rare park front setting in the Piedmont neighborhood</p><p>• Front homes include exceptionally large front yards for Portland new construction</p><p>• Rear homes include fenced yard spaces and o

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,162.805
Annual Cash Flow
$-17,953.66

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