Below Market Value property, Fully Managed property, Guaranteed Rental, High Yield, Immediate Income, Tenanted Property
SECURED PRICE: $33,000 / £20,122
GROSS MONTHLY RENTAL INCOME: $1,250 / £762
NET MONTHLY RENTAL INCOME: $895 / £547
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $37,611 / £23,081
A fantastic opportunity to purchase a large 2 x 3 Bedroom multi unit property located in the City of Rochester, Western New York. Both units are fully rented to tenants bringing in a combined monthly income of $1,250.
Each unit consists of 3 Bedrooms, Lounge, Dining room, Eat in Kitchen and Bathroom. The property measures 2,390 square feet of build area. Located close to shops, schools and a main bus route. The property boasts having many new recent updates including having been recently painted and new windows throughout.
The property boasts having no repairs to be carried out by the purchaser and is GUARANTEED to be rented at closing / completion, providing a Colossal 45% gross income.
Monthly Expenses include:
House Taxes of $170 / £103
Rental Management Fee of $125 / £76
Water Utility Charge of $60 / £36
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $895 / £547
NET INCOME PER ANNUM OF: $10,740 / £6,564
All above figures have been calculated at $1.64 = £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
- Already rented to Tenants
- Professsional Property Rental Management Company
- Home Inspection Completed
- Attorney at Law
- Complete Unrivalled Personal Service and Supervision of your Purchase from start to finish.