Current rents: 1 Unit 1: (2 bed, 1 bath) $1,300/mo including utilities, vacant (last leased for $1,500/mo) 2 Unit 2: $800/mo including utilities, leased 3 Unit 3: $800/mo plus utilities, leased 3.5 Unit 3.5: $800/mo including utilities, vacant 4 Unit 4: $800/mo including utilities, vacant There is a large garage with 5 separate units that is currently being used by the owner for storage. This offers additional income opportunity for the new owner to lease these units and raise the rent. Estimating an additional $500/month income from renting out the 5 garage stalls, the pro-forma cap rate is approximately 10+%. Seller *may* carry at a minimum of 25% down (non-negotiable) and 5% interest rate with a 5 year balloon (max).