MLS#3160522 1013 New Beginnings AVE Gastonia

11.59% Cap Rate= 9 house Package Sale $395,000= $43,888 Avg Per house. Please see attachments for Parcel# and information about each of the 9 properties- 7 @ 2 BR 1 BA, 1 @ 3 BR 1 BA, 1 @ 4 BR 2 BA All reno in 2007 with new roofs,windows,A/C,flooring,Doors,Siding,Cabinets & All W/D Conn Income: $65,280 YR - Expenses: $19,497 YR = $45,783 YR cash flow / by Sales price = 11.59% CAP - YR Exp Breakdown $5400 Avg Ins, $4147 Avg Taxes, $5222 Mgt fees 8%, $6528 Vacancy/Repairs 10%

MLS# 3160522

1013 New Beginnings AVE Gastonia North Carolina 28052

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