HiddenMultifamily Sale
Owner Financing Duplex!
6142 SW 40th Ct, Miramar, FL 33023
Offering Price$450,000
Units2
Living SF1,525 SF
Building1,525 SF
Land5,110 SF
Cap Rate10%
Property Overview
Investment Opportunity
Contact Fidelity Real Estate Group for full property information, financials, and offering details.
Property Information
Property Details
Property Basics
Property CategoryMultifamily Sale
Units2
Year Built1956
CountyBroward
ZoningRM4 Multifamily 2-9 Units (08)
APN5141-25-13-0270
Living SF1,525 SF
Building SF1,525 SF
Land SF5,110 SF
Land Acres0.12
Building & Systems
Number of Buildings1
Number of Stories1
Electric Meters2
Water Meters1
LaundryNone
Roof TypeFLAT- BLT. OF COMP.
Investment Metrics
Price Per Unit$225,000
Price Per Building SF$295.08 / SF
Price Per Land SF$88.06 / SF
Financial Overview
Investment Financials
Actual Financials
Gross Income$24,000
Operating Expenses$11,515
Net Operating Income$12,485
Cap Rate3%
Proforma Financials
Gross Income$55,200
Operating Expenses$11,515
Net Operating Income$43,685
Cap Rate10%
Unit Mix
1
OccupiedBed/Bath3/2
Actual Rent$2,000
Proforma Rent$2,600
LeaseMTM
2
VacantBed/Bath1/1
Proforma Rent$2,000
Expense Breakdown
Taxes$6,914.87
Insurance$4,000.00
Landscaping$600
Total Expenses$11,515
Expense Notes
Insurance Is Estimated. Trash is included with water
Income and expense information is believed to be accurate but is not guaranteed. All figures should be independently verified by the buyer and/or buyer's representatives as part of their due diligence.
Property Photos