This large four bedroom single family home is located in the North Marketview Heights neighbourhood in the North East of Rochester, New York. The property consists of four spacious bedrooms, one and a half bathrooms, a lounge diner, a full basement and a large garden. The house has just been renovated and will be supplied by the seller rental ready and City Certified before the new owner closes on the property. The management company will place brand new vetted tenants. The property should achieve $1,450 – $1,700 in rent each month. This property is located in the North Marketview Heights neighbourhood, which is in the North East of Rochester, New York. The house is just 1.6 miles from downtown Rochester. The house is also just one mile from The Market District which contains some wonderful restaurants, bakeries, and coffeehouses. A very popular part of Rochester. Investment Calculations Purchase price $94,900 Gross annual rental income: $20,400 Property running costs:(Tax, insurance and management costs) $3,445 Net annual rental income: $16,955 Investment calculation - Net Income divided by Purchase price = NET ROI. Return of investment 18% Break even in 5.5 Years. This property is a House for sale.
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