$1300 Gross Income Per Month, Fully Rented (MD1894578)
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REF ADI 2 1,300 gross income per month fully rented *Can be bought for cash or with finance option (tax sale, see notes). *THREE FULLY TENANTED rental apartments 2X1 bedroom, & 1X2 bedroom $1,300 gross income per month fully rented, price includes minor upgrades to receive a new certificate of compliance from the city. 1. TAX SALE PROPERTY see notes Cash price $34,000 / £21,250/ €26,150 INC new C of C. 2. Price (EST) with tax repayment scheme $15,000 / £9,375/ €11,538 INC new C of C. 3. Fully tenanted and managed. 4. Gross annual return when fully let: 46%* 5. Net annual return, after fixed running costs: 27%* 6. Substantial rental property in favored rental location 7. Providing 2 x 1 & 1 x 2 bed apartments & small shop/storage Key features • Price (EST) with tax repayment scheme $15,000 / £9,375/ €11,538 INC new C of C. • Cash price $34,000 / £21,250/ €26,150 INC new C of C. • Gross annual return when fully let $15,600/£9,750/€12,000 46% • Net annual return after fixed running costs $8,940/£5,587/€6,877 27% • Fully rented & income producing. • And will receive a new be Certificate of compliance from the city • Substantial property in a flavored rental location. • Situated on corner plot, $70,000 assessed value • Providing 2x1 & 1x2 bedroom apartments • Full management & purchase service provided Financial details Achievable rent roll $400 + $400 + $500 Net rental yield when fully let and after fixed annual running costs ($15,600 – less running costs; $1,560 management, $1,500 water and insurance, $3,600 property taxes=$8,940) Gross rental income; $1,300 / £812 / €1,000 per month Net rental income; $745 / £465 / €573 per month Buying expenses *The all-inclusive purchase costs for this property are $4,000.You could own this property for the all in cash price of $38,000 and not a cent more, approximately £23,750/ €29,230 or on the tax repayment scheme $19,000/£11,875/ €14,615 with all buying, legal fees & commissions paid. We will have the property surveyed and a full management report prepared for you on the property, THERE ARE NO HIDDEN EXTRAS, ALL THIS IS INCLUDED IN THIS PRICE.
Other Details: Number of Bedrooms: 4, Number of Bathrooms: 3
This property is located in: SYR, Siracusa, Sirak'jus, Sirakjuz, Sirakuso, Syracusae, Syracuse, Syracuse i New York, sayrakywz, shirakyusu, shirakyuzu, sileokyuseu, sirekyuja, syrakywz, nywywrk, xi la qiu ci (New York, United States).
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American Dream Investments (Real Estate Agent) from United States
About American Dream Investments
Welcome to American Dream Investments. We provide an all-inclusive service sourcing investment properties in Syracuse, New York State, USA. It is our aim to source properties for our clients providing an average annual return up to 20% net, after annual management and fixed annual running costs, and up to 40% gross per annum. We offer a tailor-made service to suit each client’s individual requirements, ranging from the small investor who wants to buy just one property to large investment companies who are seeking to build property portfolios or pension plans. With the cost of investments starting in the region of $25,000, we are able to offer a service that allows even the smallest investor to start building a property portfolio. Some of the properties we currently have available can be viewed on our property pages on our website www.americandreaminvestments.net