3-unit multi-family property in NJ right across from Manhattan
Here is how the numbers break down on this 3-unit property:
Current Rental Income: $6,000 to $7,000 per month (fully rented with active tenants).
Down Payment: 20% down.
Monthly Mortgage Payment: ~$4,500 per month.
That means you are generating immediate positive cash flow of $1,500 to $2,500 every single month while your tenants pay off your loan.
Plus, this property is located in a prime up-and-coming neighborhood. Over the next 5 to 10 years, property values in this corridor are projected to climb significantly, giving you both monthly income and equity growth.
deal!
Marat Tsirelson
The Lending Group Co.
Phone: (267) 400-0763
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