56190 Papago Yucca Valley, CA 92284

This is an unusually nice triplex in a very nice area of Yucca Valley. Just look at the pictures as to how nice it is inside. At assessors quote of 3,020 square feet, it equals the size of most five unit apartments! All the units are very large for 2 bedroom units. Unit A is 1,200 SF+/- and has central heat/air, a private single garage, enclosed patio, private laundry room, private fenced yard, with two bathrooms. Units B & C are 910 SF+/-, and have private single garages, laundry hook ups, and private fenced back yards. While the actual rents are much below market, at these actual rents, this investment performs above the market at a 9.21 GRM, a 7.19% Cap, and a 11.32% Cash on Cash Return! And if you adjust the rents to market, this investment boasts a 8.33 GRM, a 8.16% Cap, and a 15.21% Cash on Cash Return! All the above only takes $52,500 down (OAC) to get you in! Please see Supplements for an aerial/site plan, rent roll, and a detailed cash flow analysis.