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

  • 6
  • New York
Price £46,341
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Property Description

503 Rochester, New York, is a detached multifamily home, built in 1900 the property totals 6420 square feet on a lot of 6969 square feet. This property comprises 3 two bed apartments and 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: $72,500

Closing Costs: $3,500

TOTAL OUTLAY: $76,000

RENTAL INCOME: $18,000.00 per annum

OUTGOINGS:

Property Taxes: $2,642.00

Water: $300.00

Insurance: $550.00

Management: $1,800.00

TOTAL OUTGOINGS: $5,292.00

NET INCOME: $12,708.00

THE NET YIELD IS THEREFORE A FANTASTIC 16.72%

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

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