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  • 4
  • New York
Price £23,969
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Property Description

127 Fougeron St, Buffalo, NY 14211 is a spacious duplex located in the Martin Luther King district to the north east of Buffalo general medical centre.
Comprising 2 two bedroom apartments, the property is currently being refurbished to a high standard and will be fully tenanted prior to closing in 3-4 weeks at a monthly rental of $1,000
Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!

KEY FIGURES:

Purchase price: $37,500

Closing costs: $2,500

TOTAL OUTLAY: $40,000

RENTAL INCOME: $12,000 per annum

OUTGOINGS:

PRPOPERTY TAXES: $650.00

Water: $600.00

Insurance: $450.00

Management $1,200.00

TOTAL OUTGOINGS: $2,900.00

NET INCOME: $9,100.00

THE NET YIELD IS THEREFORE A FANTASTIC 22.75%
For further information or to reserve this property, please complete the enquiry form as soon as possible.1

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