Real Estate for Sale!
Larkspur Apartments
1523 Larkspur
Kettering, Ohio 45420
I-75 to Moraine Kettering EXIT to the GM plant Highway intersection - Left across river to Main
For directions – just click here for
http://www.mapquest.comDescription Number of Units
Studio, Furnished 14
1 Bedroom, unfurnished 27
2 Bedroom, unfurnished 5
Total Units 46
Gross annual rent $227,160
Vacancy 7% ($15,901)
Other Income $7,288
Total Annual Gross $218,547
NOI $150,000Net Profit $173,161
Selling Price $1,350,000 Down Payment $350,000Finance $1,000,000 @ 6% for 360 months $5995 per month
Selling Price $1,350,000 Down Payment $100,000.00
Finance $1,250,000 @ 6% for 360 months $7994 per month
