- Cap Rate
- 10.6%
- Cash Flow / Yr
- $16K
- IRR
- 10%
- Purchase Price
- $40K
Overview
A commercial income property on South Broad Street in Trenton, NJ. Purchased in November 2008 for $40K and improved for $110K, it produces $16K a year before debt service — a 10.6% cap rate.
Income Snapshot
Income PropertyCap Rate
10.6%
- Purchased
- Nov 2008
- Purchase Price
- $40K
- Construction Cost
- $110K
- IRR
- 10%
- Annual Cash Flow
- $16K
- Investors
- 1
- Size
- 2,000 sq ft
Income Performance
- Annual Cash Flow*
- $16K
- Cap Rate
- 10.6%
- IRR
- 10%
- Cost Basis
- $150K
Total cost$150K
Purchase $40KConstruction $110K
Purchased
Nov 2008
Status
Held
*Before debt service. Figures as reported in the Prime Equity portfolio. Past performance is not indicative of future results.
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