1409 Pinson

Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment. PROJECTION: FLOOR-1 TWO BEDROOMS $2,500 Mo. FLOOR-2 THREE BEDROOMS $3,500 Mo. FLOOR-3 THREE BEDROOMS $3,500 Mo. Tot. Year inclome: $114,000 Tot. Year Expense: $17,000 (taxes, Ins. , Heat) NOI: $97,000 Yr. (Net) appx. 8% Cap rate Lease and resell for new value with a 5% Cap rate for $1,940,000 -- Retun profit of $699,000 within 6 months to 1 year. The information has ben provided by the seller and has not been verified bythe Broker. Information is deemed reliable but not guaaranteed.