2-4 Unit Properties with Great Income
7% + Cash on Cash Return
I hope you were able to stay dry and warm over our rainy weekend. Since I was stuck inside I took some office time and did a little digging through the 2-4 unit property listings. The goal of the search was to find properties that offer a better than average rental income versus the asking price. There were a dozen properties that made the cut so I wanted to share them with you. - Jason Riehl
The numbers below show potential gross returns before any expenses and property taxes. This list gives an investor somewhere to start their research.
| Chula Vista 91910 Property Asking Price: $469,000 Number of Units: 4 Stated income: $3,800 mo/$45,600 yr Potential Annual Return%: 8% La Mesa 91942 South Park 92102 North Park 92104 North Park 92104 Hillcrest 92104 |
San Diego 92105 Property Asking Price: $265,000 Number of Units: 2 Stated income: $2,100 mo/$25,200 yr Potential Annual Return%: 8-10% San Diego 92105 San Diego 92105 Old Town 91110 Logan Heights 92113 Downtown 92113 |
