Homes Abroad the UK's leading guide to Holiday Homes Abroad

  • 6
  • New York
Price £25,567
  • title image

Property Description

185 French St, Buffalo, NY 14211 is a substantial duplex property arranged as two 3 bedroom units located in the popular Martin Luther King district.



The property is currently being refurbished and will be newly tenanted prior to closing in the next 2-3 weeks.

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: $40,000



Closing costs: $2,500



TOTAL OUTLAY: $42,500



RENTAL INCOME: $13,200 per annum



OUTGOINGS:



PROPERTY TAXES: $700



Water: $620



Insurance: $700



Management: $1,320



TOTAL OUTGOINGS: $3,340



NET INCOME: $9,860



THE NET YIELD IS THEREFORE A FANTASTIC 23.2%

For further information or to reserve this property, please complete the enquiry form as soon as possible.

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