2900 Federal St Camden, NJ 08105         0 Sq Ft

Property Overview

OWNER FINANCING!! NO BANK QUALIFYING!! 20% down payment, 8% interest rate, 10-year term, 30 Year Amortization!! Great 4 unit investment property!! All units have been updated and there is a new roof!! 1) 3 bedroom 1 bath 2 story apartment/ house with basement $1100 2) Store $900 3) Store $900 4) Store $915 Total monthly income $3,815 Total yearly income $45,780 Expenses Taxes yearly $7,100 Insurance yearly $2,300 Utilities yearly $2,000 Vacancy 5% = $2,289 Total $13,689 NOI $32,091 Debt service $1,526 per month = $18,315 per year CASH FLOW $1,148 per month = 13,776 per year!!! Cash on Cash Return 23% Cap Rate 12.34%

Property Details

    • Price: $260,000.00
    • Square Footage: 0