FLAGAMI APARTMENTS IN LITTLE HAVANA Fausto Commercial is proud to present Flagami Apartments in Little Havana at 102 SW 31st Court. The property is a triplex consisting of (2) two-bedroom/one-bathroom and (1) one- bedroom/one bathroom. The two story CBS building was built in 1947 and 1975 with title roof and a pool in the backyard. The building is over 2,400 Sq. Ft. and sits on a 8,208 Sq. Ft. lot zoned T3-0 in a really clean and quiet neighborhood. The investor has the opportunity to invest $7,000 - $12,000 per unit to bring rents to $1,200 for the one-bedroom and $1,600 for the two bedrooms. The property is less than three miles away from Miracle Miles in Coral Gables. PRICE $600,000 120 SW 31 st Court, Miami Florida 33135 Building SQ FT 2,415 Land Sq Ft 8,208 Zoning T3 O VICENTE RODRIGUEZ C: 305 510 6627 E: [email protected] Units Current Pro Forma 1- Front 2/1 2- Rear 1/1 3- Top 2/1 Gross Yearly Income Water Pool Lawn Taxes Insurance Total Yearly Expenses NOI Cap Rate $1,450 $1,200 $850 $42,000 $125 $80 $100 $7,506 $4,000 $14,165.79 $27,834.21 4.64% $1,600 $1,200 $1,600 $52,800 $125 $80 $100 $7,506 $4,000 $14,165.79 $38,634.21 6.44% Rent Rolls & Income/Expenses Actual Market