www.hotdealsoakland.com
COOPERATING WITH ALL BROKERS!
RECESSION PROOF INVESTMENT_TRUE HEDGE AGAINST INFLATION
Existing first loan with Chase Bank of $2,622,699.88 @ 3.15% payable monthly
$11,800, due date 2032 buyer may take “subject to” if they elect to do so.
20% Upside in the Rents
Existing Cap 6.1%, Market Cap 7.6%
Existing Gross Rent Multiplier 11.1 Market Gross Rent Multiplier 9.4.
Existing Cash on Cash Return 6.4% Market Cash on Cash Return 9%
High growth city and area influencing great appreciation potential
No deferred maintenance - Easy Management
Strong Rent Upside. Trouble free income and management
Across the street from Highland Hospital.
Offers immediate scale in a supply constrained market.
Tremendous access to major employers- Drafting off of eastward migration.
Major Discount to homeownership as Oakland median home prices rise: 63% discount.