26
Feb
Author: Hans Anderson // Category:
Sold Properties
This proper is now available: 76 Woodward Street Rochester NY.
Don’t Miss this Great Cash Flow Duplex! Purchase Price: $22,000 u.s.
Lot Size: 38 x 140ft. Assessed Value: $35,700
Square Footage: 1767 Rent: Apt. #1 $450, Apt. #2 $625
Rooms: 10 Water: $83 / month**
Bedrooms:Apt. #1 (1), Apt. #2 (3) Maintenance:$108 / month**
Baths: Apt. #1 (1), Apt. #2 (1.5) Insurance:$35 / month**
Heating: 2 Forced Air Gas Furnaces Property Management $107.50 / month
Taxes: $115 / month for 08/09
Utilities: Paid by Tenant (Separate)
Vacancy Rate 5%: $53.75 / month**
** Please note amounts are approximations**
Monthly Net Operation Income (NOI) = $572.75**
CAP Rate = 26%
Check out this great duplex! House has new roof and with some cosmetic upgrades estimated at approximately $5,000, it will be ready for new tenants! House has Certificate of Occupancy. The 2 units will provide great monthly cash flow. Contact us immediately as this opportunity won’t last!
If you are interested in this property, please send your contact information to manager@realestateinvestingfacts.com
Hans Anderson
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