Properties

Russ McCullough

2823 West STREET
Ames, IA 50014
Listing Agent:  Russ McCullough
Ph:  515-232-6175 Cell:  515-441-2056
TF:  800.681.7333 Fax:  515-598-9101
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29354  

/ Month *

$195,000.00
MLS Number: 29354
Property Type: Multifamily
Address: 2823 West STREET
City: Ames
Zip: 50014
Year Built: 1905
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Prime campus location, 6 unit apt. easty renter! Cap rate=11.1% and cash on cash return=18%. See spreadsheet for full detail.  

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Property Details

EXPENSES

$13,450

NET INCOME

$21,645

TENANT PAYS

Cable

OWNER PAYS

Snow Removal, Lawn Care, Water, Trash, Heat, Electric

GROSS INCOME

$35,095

*Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.5% interest.
All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.