TITLE:
1137 1138 VAlley Manor
CONTROL:
Exclusive
VALUE:
$700,000
LOAN:
$336,000
EQUITY:
$364,000
TYPE:
Multi-Family
HAVE:
One Duplex with total 864 sq ft living area, 2 bedroom, and two bathrooms. Other duplex total living area 1248 sq ft living area, 4 bedroom, and 2 bathroom.
ADDRESS:
1137, 1138 Valley Manor Ct, Colorado Springs, Colorado
GROSS SCHEDULED INCOME:
$57,360 Actual
VACANCY LOSS:
$5,500
GROSS EFFECTIVE INCOME:
$51,860
EXPENSES:
$17,847
NOI:
$34,013
DEBT SERVICE:
$40,320
CASH FLOW:
$-6,307
CAP RATE:
4.86%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$336
$3,360
12%
12/31/1969
Yes
COUNSELOR:
Michael Nicks
Allen Realty
108 Canon Ave.
Manitou Springs, Colorado, 80829
