414, 418-420, 4 N Willow St, Paullina, IA 51046 - Obrien County

5-Plex Property. All units are occupied. 414: (Green Home) 3 bed, 1 full bath. Baseboard electric heat, p-tac cooling unit, electric 20 gallon water heater, LVP flooring, stove included, steel roof, updated vinyl sliders on most windows. Occupied and Rents for $700/mo. 418: (Tan Home) 1 bed, 1 full. bath. Mini-split a/c unit. Occupied and Rents for $500/mo. 420: (Tan Home) 2 bed, 1 full. bath. Window a/c. Occupied and Rents for $675/mo. 422: (Blue Home) 1 bed, 1 full bath. Mini-split a/c unit. Updated unit. Vinyl Flooring. Occupied and Rents for $500/mo. 424: (Blue Home) 2 bed, 1 full bath. Vinyl sliders for windows, not updated. Occupied and Rents for $600/mo. Seven Garage Units: Two are vacant. Four have updated doors and automatic openers. Yields $160/month Tenant Pays for their own Utilities. Total Income = $3135/month Expenses = $612/month (Insurance, Property Taxes, Mowing, Snow Removal, Electric. Additional expenses are property mgmt, repairs/maintence, renovations..

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