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3705 South Tyler Street
Amarillo, TX 79110
Asking Price
$1.90M
Cap Rate
8.74%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Multifamily | 8.74% CAP | 16 Units <ul><li>16-unit residential rental portfolio</li><li>Cap Rate 8.74%</li><li>Located throughout established neighborhoods in Amarillo, Texas</li><li>100% occupied with in-place cash flow</li><li>Diverse unit mix ranging from 1-bedroom to 4-bedroom homes</li><li>Stable rental history with long-term tenants</li><li>Opportunity for future rent growth through renewals and market adjustments</li><li>Turnkey portfolio for investors seeking immediate income</li><li>8.74% Cap Rate</li><li>$118,
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
