2 Amazing Development Opportunities
IPP
Income Producing Properties
www.thesolutiongroup.net
North Wynwood/Design District 171 NW 53 Street, Miami FL 33127
Project: Fiveplex
1 Bed / 1 Bath | 600 Sq. Ft. 2 Bed / 1 Bath | 740 Sq. Ft. 2 Bed / 1 Bath | 740 Sq. Ft. 3 Bed / 2 Bath | 950 Sq. Ft.
4 Bed / 2 Bath | 1100 Sq. Ft.
Sq. Ft. 725 per unit Lot Size 7,200 Sq. Ft.
Sales Price $150,000 Proforma Financial Rent: Real Propery Taxes: Operating Expenses: Property Management : NOI:
Per Month
Annual
$5,600 $555 $250 $300
$67,200 $6,660 $3,000 $3,600
$4,495
$53,940
CAP:
7.17%
Asuming construction cost of $493,600
Equal Housing Opportunity. Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, reference should bemade to the documents required by section 718.503, Florida Statutes, to be furnished by the developer to a buyer or leasee. Not an o re prohibited by state statutes. * Prices are subject to change without notifcation
| TCD 46 |
IPP
Income Producing Properties
Great Development Opportunity West Silver Crest
1388-1390 NW 101 St, Miami, FL 33147
Existing Duplex 2 Units | 3 Bed / 2 Bath - 2 Bed / 1 Bath Living Area: 2,376 sq. ft. Lot Size: 15,900 sq. ft. Year Built: 1979
Sales Price $519,000 Proforma Financial Current Income
$2,600 Estimated Monthly Rent: $280 Estimated RP/ Taxes / Mth: $150 Operating Expenses: $120 Property Management: NOI:
$2,050
Income with additional duplex
Estimated Monthly Rent: $ Estimated RP/ Taxes / Mth: Operating Expenses: Property Management:
$5,300 $560 $300 $240
NOI: CAP:
$2,000 6.79%
� Estimated construction costs $222,840 �Total investment $741,840
Equal Housing Opportunityy. Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, reference should bemade to the documents required by section 718.503, Florida Statutes, to be furnished by the developer to a buyer or leasee. Not an offer where prohibited by state statutes. * Prices are subject to change without notifcation
| TCD 51 |
IPP
Income Producing Properties
T 305.438.1259
E info@thesolutiongroup.net 4100 N Miami Ave, 2 nd Floor, Miami, FL 33127
www.thesolutiongroup.net