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$1300 Gross Income Per Month, Fully Rented
Date & Time Listed: 2013-03-03 13:46:52 (GMT)
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Ad Details:
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
Price: 21,250.00 GBP
Keywords:
Immediate income, investment property, Full property managagement service offered, high yield investment, Attorney provided to represent you in your purchas, income producing, Can be bought from any part of the world
For more details about this listing please click here to access the webpage provided by listing owner.
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