The property is being offered at a 6.0% cap rate on in-place income, providing investors with immediate cash flow and the opportunity to achieve higher returns through continued rent growth toward market levels. Value-Add Opportunity: Immediate upside from leasing the vacant unit and increasing rents toward the $124,740 potential income level Stable Asset Class: All 1-bedroom units cater to a consistent renter demographic Proven Cash Flow: Strong in-place NOI of $51,204 Some owner financing available Solid Construction: Brick building (built 1923) offers long-term durability and lower maintenance costs Operational Efficiency: The central heating system simplifies management and expense control Urban Rental Appeal: Street parking and compact unit mix support strong tenant demand Buyer Return Scenario (Financed Acquisition) Assumptions Purchase Price: $850,000 NOI: $51,204 Loan: 75% LTV Loan Amount: $637,500 Interest Rate: 6.75% Amortization: 30 years Equity Investment: $212,500 Annual Debt Service Estimated Annual Debt Service: ~$49,600 Cash Flow NOI: $51,204 Debt Service: $49,600 Pre-Tax Cash Flow: ~$1,600 Investor Returns Cash-on-Cash Return 212,5001,600?˜0.75% Cash-on-Cash Return: ~0.75% (Year 1) Debt Coverage Ratio (DSCR) 49,60051,204?˜1.03 DSCR: 1.03