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Price: $239,000 State: New York Units: 9 Yearly Gross Income: $45,657 Yearly Expenses: $21,432 Cap Rate: 10.14% Estimated Yearly Cash Flow: $8,182 *Assume stated income and expenses with a 20% down payment and 7.5% 30-year mortgage.     Repairs Needed: No repairs needed to rent all nine units. *Further repairs may be dependent upon inspection Description: This is a 9-unit apartment with 9 large one-bedroom apartments. In good condition and in a great area. Start making a substantial cash flow from this property starting your first year! Request Detailed Property Report: Thomas Noonan Investment Associate TomNoonan@FundamentalRealty.com (925)212-0873 Fundamental Realty Listing ID: 28 - Please include this ID when requesting reports. Back to Income Properties Available

All rights reserved, ©2007 Fundamental Realty Group

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.