SECURED PRICE: $ 31,000 / £ 20,000
GROSS MONTHLY RENTAL INCOME: £ 484
NET MONTHLY RENTAL INCOME: £ 331
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: £ 22,753
A great opportunity to purchase a detached 3 bedroom house situated in the City of Rochester, consisting of 3 bedrooms, an open floor plan lounge / dining room large eat in kitchen with centre island. This house will be fully rented at the time of closing providing a gross monthly income of $750.
Monthly Expenses include:
House Taxes of $134 / £98
Rental Management Fee of $75 / £48
Water Utility Charge of $30 / £19
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: £331
NET INCOME PER ANNUM OF: £3,972
Alllthe above figures have been calculated at $1.36 = €1 $1.55 = £1
Our Professional Property Rental Management Company in Western New York will manage your property and tenants and will collect rent each month.
All purchase paperwork and completion made through Attorney at Law ensuring complete legal transaction.
Location: Rochester City, Western New York State
Rochester is a large expanding City with major employers such as Kodak, Xerox, Wegmans Foods and the Optical Science University. This is an area where property prices are currently low and properties to rent are in high demand, where tenants like to stay in the same property for years, often for life! This is an area where savvy investors from all over the world have invested into this cheap property market and have been reaping the benefits from the high yield rental income.
We bring to you the whole package:
- Low Priced Property with High Yield Rental Income
- Rented to Tenants at time of closing
- Professional Property Rental Management Company
- Home Inspection Completed
- Attorney at Law (Lawyer) Assigned
- Complete Unrivalled Personal Service and Supervision of your Purchase from start to finish.