CLINTON NEIGHBORHOOD DUPLEX

Multi-Family Duplex Investment

Close-In SE Portland, Oregon

EXCLUSIVE OFFERING

206 NE 28th Avenue, Suite # 201

Portland, Oregon 97232
503-750-7734 Phone
503-235-5587 Fax
www.equitypacificrealestate.com
 CLINTON NEIGHBORHOOD DUPLEX

Photos

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied,
as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
 CLINTON NEIGHBORHOOD DUPLEX

INVESTMENT SUMMARY

Summary Location
3009 - 3021 SE 19th Ave
Price: $319,900 Portland, OR 97202
Number of Units: 2
Building SF: 2,388
Financing Summary
Price/SF: $134 New Owner Occupied Loan
GIM: 15.8 x - or -
Year Built: 1910
New 75% Non-Owner Occupied Loan
in the amount of $239,925 amortized
over 30 years at 5.0% interest rate.

Additional Information
Lot Size(Acres): 5,000 SF (0.11 Acre)
Utilities paid by Tenant: Gas, Electricity

Annualized Operating Data Annualized Expenses

Current Market EXPENSES
INCOME Taxes $3,020 2008-09
Scheduled Rent Income: $20,220 $26,640 Insurance $750 $375 / Unit
Less: Vacancy/Other Deductions: 5% ($1,011) 5% ($1,332) Management $950 5 % EGI
Effective Gross Income: $19,209 $25,308 Maintenance & Repairs $1,200 $133 / Mo
Landscaping $300 $25 / Mo
Less: Expenses: $8,440 $8,440
Water & Sewer $900 $75/ Mo
Net Operating Income: $10,769 $16,868 Electricity $600 $50 / Mo
Garbage $720 $60 / Mo
First Trust Deed/Mortgage: ($15,456)
Pre-Tax Cash Flow: $1,412
TOTAL EXPENSES: $8,440
Principal Reduction: $3,540
Total Return Before Taxes: 6.2% $4,952

Scheduled Income Current Market

No. of Units Unit Type SF/Unit Rent Avg Rent PSF Rent Avg Rent PSF

1 1BR / 1BA 600 $925 $1.54 $925 $1.54

1 1BR / 1BA 1,500 $760 $0.51 $1,295 $0.72

W Bonus Rooms + Bath
$1,685 $2,220

This information has been secured from sources we believe to be reliable, but Equity Pacific Real Estate LLC makes no representations or warranties, expressed or implied,
as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.