3 bedroom units rent for an average $1950 per month while 2 bedroom units rent for an average of $1600 per month for a total gross cash flow of $3550 per month. Taxes = $652/month + $50/month insurance + $50/month maintenance = $752/month in expenses. $3550 per month - $752 per month = $2798 per month x 12 months = $33,576/year NET Income / $250,000 purchase price = 13.4% CAP Rate. Don't miss this 5 bedroom, 2 bath total cash flow opportunity in the desirable school district of Cherry Hill!!
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