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10dr Income Generating Apartment
3,100,000 Ad Type: For Sale | Location: Outside Cebu
| Views: | Comments: | 03 September 2013
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Be ready to grab this wonderful opportunity to own a 10-dr apartment in Binan, Laguna Located in Generosa Village. Very near work areas and great for rental purposes. Here is what you’ll invest to: Total Lot area: 302 sqm Total Floor area: 280 sqm 6 units with rental income Total income today: P17,500 per month with 4 vacant units: 3,000 x 4 = 12,000 per month Total potential income: P29,000 per month Selling Price: 3.1M (negotiable) If bank loan: Downpayment (20%) = P620K Balance thru bank loan (80%) at 10% pa at 15 years Monthly amortization: P27,509.89 Income – monthly amortization: P29,500 – P 27,509 = P1,991 Self-liquidating property with positive cashflow! Passive income may increase due to allowed increase of rental rate or you may opt to bedspaces. Your imagination can create money. Don’t let this opportunity slip away without inquiring! Contact: Lyn at 0917.881.5967 Noel at 0917.865.6635 Email: chevheno(@)gmail(dot)com http://www.dreamhouseonyourway.com/10dr-income-generating-apartment/
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