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  • 8
  • New York
Price £45,382
  • title image

Property Description

283 Fillmore Ave, Buffalo, NY 14206 is a substantial property arranged as 4 self contained units located in a popular rental 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: $71,000



Closing costs: $2,500



TOTAL OUTLAY: $73,500



RENTAL INCOME: $24,000 per annum



OUTGOINGS:



PROPERTY TAXES: $1,100



Water: $800



Insurance: $800



Management: $2,400



TOTAL OUTGOINGS: $5,100



NET INCOME: $18,900



THE NET YIELD IS THEREFORE A FANTASTIC 25.4%

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

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