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Price: $199,777 State: NY Units: 7 Yearly Gross Income: $33,915 Yearly Expenses: $15,700 Cap Rate: 9.12% Estimated Yearly Cash Flow: $4,805 *Assume stated income and expenses with a 20% down payment and 7.5% 30-year mortgage.     Repairs Needed: No major repairs needed to rent units. *Further repairs may be dependent upon inspection Description: Awesome 7-unit apartment! Just re-painted with huge parking lot for 10-14 cars. Owner has all records of income. Owner is selling to go to larger property w/ 1031 exchange on this property. Only one vacancy. Stable property and in excellent condition! Can offer less to increase cash flow. Request Detailed Property Report: Yosef Shapiro Investment Associate YShapiro@FundamentalRealty.com (707)280-9627 Fundamental Realty Listing ID: 23 - Please include this ID when requesting reports. Back to Income Properties Available

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While Fundamental Realty Group provides assistance in acquiring investment properties, it is ultimately up to prospective investors do all their own due diligence on the properties prior to buying or selling, including research on the cities, neighborhoods, vacancy rates, rental rates, expenses, economic development, etc. All income and expenses provided by Fundamental Realty Group and its associates are pro-forma and are no guarantee of past or future performance. Income properties, like all investments fluctuate in profitability and rents, fees, evictions, vacancies, and repairs can dramatically affect the rate of return. Investors should always have ample capital reserves for down months. Fundamental Realty Group does not manage real estate and is not responsible or involved with the properties after the time of sale. We are not real estate agents and all transactions are the sole responsibility between the buyer and seller.