Multi Family money maker

5 million purchase price

13.5% Cap Rate

NOI = $679,081

32.7% Cash on cash with 25% down


Arlington Texas is a strong rental market

The average cap rates are between 9 and 10%

Contact: vinny@multifamilyexperts.net

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Vinnie

Let me know if you would like me to provide a financing proposal under our FHA 223(f) program. Up to 85% LTV, 35-year fixed, non-recourse, fully amortizing. Interest rate around 4.95% plus .45% MIP.

Thanks,

Steve Murden, Vice-president
Capmark Finance
(804)972-3691
stephen.murden@capmark.com
Steve,

thanks for contacting us. This project will not qualify for the HUD 223 (f) program. I believe one of my partners has already contacted Capmark in regards to this project in the LA market.

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