134 Rhode Island Street SE Albuquerque, NM 87108

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Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns.This fourplex contains two bedroom one bathroom units that are renting at $1, 247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1, 247, and an ask price of $493, 710 the measures of investment performance include a price per unit of $123, 427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%.