930 W Chestnut St, Washington, PA 15301

This Duplex is a cash cow! Trading at a 12.37% cap rate! 4BR apt is renting for $1570 a month includes all utilities (Section 8). The front 1 BR apt is renting for $930 a month includes all utilities (Non section 8). Revenue: Rent per month: $2500 Expenses: Average utilities per month: $400 Average taxes and Insurance per month: $141 (2020 Paid Receipts) Insurance: $491.00 Washington County Tax $93.11 City of Washington Tax $535.07 Washington School tax $580.82 NOI: Per month $1959 Annual NOI: $23,508 Cap Rate: 12.37% Assume a Mortgage with 20% down ($38,000) @ 6% interest Monthly Mortgage Payment $911 Before Tax Cash Flow: $1048 per month Annual Before Tax Cashflow: $12,576 ROI or Cash on Cash Return: $12,576/$38,000=33% Both units have separate Washer and Dryer hookups. Attic and Walls in the 4BR apt were insulated and soundproofed. All appliances are 3-4 years old. Landlord owns stackable Washer and Dryer in the 1 BR Apt. HVAC is roughly 3 years old. Updated wiring, plumbing, and windows throughout. New carpet upstairs in 4 BR Apt. There is a yard and parking in the rear of the house for two cars. There is a garage that can we used for landlord storage or leased out for more rent!