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  • 8
  • New York
Price £44,743
  • title image

Property Description

111 Baitz Ave, Buffalo, NY 14206 is a substantial property arranged as 4 self contained units located in the popular Babcock district. There are four 2 bedroom units.



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: $70,000



Closing costs: $2,500



TOTAL OUTLAY: $72,500



RENTAL INCOME: $24,000 per annum



OUTGOINGS:



PROPERTY TAXES: $1,200



Water: $800



Insurance: $800



Management: $2,400



TOTAL OUTGOINGS: $5,200



NET INCOME: $18,800



THE NET YIELD IS THEREFORE A FANTASTIC 25.93%

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

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