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Les Coteaux Residential Plot |Under Due Diligence|

Boatswain Gully, Les Coteaux

Residential

Equity Purchase

$280000

Les Coteaux-Residential Plot

description

Total Estimated Pofit: $90,000

Cash on Cash Return: 29%

Cap rate: 0.9%

The property offers instant equity as it was appraised at $350,000 but is being sold at an asking price of $280,000.

While the potential rental income during the holding period may be relatively low given the location of this parcel of land, the potential for significant profits upon resale is high.

 

 

Boatswain Gully, Les Coteaux

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