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

  • 4
  • New York
Price £18,217
  • title image

Property Description

506 Winslow Ave, Buffalo NY 14211 is a wonderfully spacious 4 bedroom single family home located near the Martin Luther King Park.
Built in 1920 the detached property totals 1,336 square feet on a lot of 3,390 square feet.
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: $28,500
Closing Costs: $2,500
TOTAL OUTLAY: $31,000
RENTAL INCOME: $7,800.00 per annum
OUTGOINGS:
Property Taxes: $620.00
Insurance: $450.00
Management: $780.00
Water: $600.00
TOTAL OUTGOINGS: $2,450.00
NET INCOME: $5,350.00
THE NET YIELD IS THEREFORE A FANTASTIC 17.25%
For further information or to reserve this property, please complete the enquiry form as soon as possible.

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