2115 Broden Street, Anaheim, CA 92802

Major price reduction, End of year SALE ! $9,000 rent per month With normal operating expenses this investment has a Cap Rate of 6.67%, which is much higher than the normal CAP rate range of 4 to 5% for this type of investment. Net Operating Income (NOI) is estimated at $83,370. The GRM is 11.6 The HOA monthly dues are $265 for each unit; the benefits to the owner are: no fire insurance expense, no utility bills, no landscape/gardener bills, no pool service bills, no grounds maintenance expenses, no laundry room maintenance, no roof expenses, no building maintenance expenses, no patrol service expenses, no trash removal expenses, no exterior plumbing expenses, no exterior electrical expenses. Since the HOA takes care of all exterior maintenance and repair problems this investment takes very little time to manage. All three units are tenant occupied with Apartment Association formatted leases that protect the lessor. The 59 photographs include 16 exterior and 43...