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

  • 8
  • New York
Price £86,928
  • title image

Property Description

401 Rochester, New York, is a multi family home comprising of two 1 bedrooms and three 2 bedroom apartments. Built in 1920 the property totals 4460 square feet on a lot of 10040 square feet. The property also benefits from a basement.

The property currently being refurbished and will be newly tenanted prior to the closing of sale. Photos are available on request.

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: $136,000

Closing Costs: $3,500

TOTAL OUTLAY: $139,500

RENTAL INCOME: $38,400.00 per annum

OUTGOINGS:

Property Taxes: $4,274.00

Water + Heat + Garbage: $5,452.00

Insurance: $1,000.000

Management: $3,840.00

TOTAL OUTGOINGS: $14,566.00

NET INCOME: $23,834.00

THE NET YIELD IS THEREFORE A FANTASTIC 17.08%

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

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