141 Youngfox ROAD Who else wants to be a millionaire? When was the last time you could take advantage of buying a property with creative financing! Better yet, are you already a cash millionaire! This one property with a realistic potential cap rate of 10% and possibly higher may be your ticket to a financial windfall and a wealthy retirement. You do the math: Twelve two bedroom approx. 875 square foot units at $1, 350 each per month and the tenants pay utilities gives you $194, 400 income per year. At a very low and realistic net income of $138, 240 times a cap rate of 10% makes this property worth $1, 382, 400. With properties today selling at 5% cap rates, this one property all by itself could be worth $2, 764, 800. Doesn’t that make you a millionaire? For a more detailed information package contact Listing Agent. (id:203)