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5618 South County Road 1202
Midland, TX 79706
Asking Price
$625K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
INVESTMENT OPPORTUNITY <p>All units have their own separate electric meters.</p><p>3 units are already leased, live in 1 or lease out all.</p><p>Mobile home has its own septic tank and electric meter.</p><p>Shop in the back with a 14'x14' electric garage door. </p><p>Each unit has 2 bedrooms and 2 bathrooms.</p><p>Kitchens are equipped with stove and refrigerator.</p><p>All units have connections for a stackable washer and dryer.</p><p>Property is fenced with an additional metal fence separating the mobile home from q
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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092
