12 E Broad St, Gibbstown, NJ 08027

Effective November new rental income $3,750/month, $45,000/year gross income. Expenses proforma 2022 estimated, $16,023. Proforma Gross Profit before financing: $28,977 TWENTY FOUR HOURS NOTICE TO VIEW APARTMENTS AS PER LEASE Recently renovated triplex, tenants in place. Ample off street parking for 6 plus cars. Tenants pay gas & electric and cable/tv/internet. landlord pays sewer and water. Two, 2 bedroom apartments Apt A & C. One, 1 bedroom apartment Apt B Apt A $1300/mo., Apt B $1350/mo., Apt C $1100/mo.. Projected cash on cash return at 20% down payment ($72,000), 6% 25yr amort. 9.17%