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117 /119 DIXIE CT
MANCHESTER, TN 37355
Asking Price
$400K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Duplexes <p>I'm debating selling an entire street of duplexes. All renovated. 13 duplexes. All brick. Built 2008/2009 in excellent location in Manchester. 26 2 bedroom apartments. This one rents for $1200 on each side. Some of them with pets are at $1250. Some of the very long term tenants are lower for other duplexes but can be easily raised. Currently at around $26k revenue monthly for all apartments which can easily be raised to over $31k as half the apartments are at $1200. I have not on long term te
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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219
