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  • 4
  • New York
Price £23,010
  • title image

Property Description

15 Schutrum St, Buffalo NY 14212 is a 4 bedroom single family home situated in the Emerson neighbourhood.. Built in 1895 the property totals 785 square feet on a lot of 2178 square feet and benefits from a basement. This property is situated near the Lovejoy/St Vincent Health Center.
The property is currently being refurbished and will be newly tenanted prior to the closing of any sale in the next 3-4 weeks. As part of the purchase process, between reservation and completion, we will provide the purchaser with a Home Inspection Report and copies of the leases.
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: $36,000
Closing Costs: $2,500
TOTAL OUTLAY: $38,500
RENTAL INCOME: $9,000.00per annum

OUTGOINGS:
Property Taxes: $420.00
Water: $550.00
Insurance: $400.00
Management: $480.00
TOTAL OUTGOINGS: $1,850.00
NET INCOME: $7,150.00

THE NET YIELD IS THEREFORE A FANTASTIC 18.57%
For further information or to reserve this property, please complete the enquiry form as soon as possible.

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