This very nice two bedroom single family home is located in the Charles House Area Council neighbourhood on the West side of Rochester, New York. The property consists of two spacious bedrooms, one bathrooms, a lounge diner and a full basement. The house has tenants in place paying $900 in rent each month. The house is under management with a great local New York property management company. This property is located in Charles House Area Council, which is on Westside of Rochester, New York. The house is less than 2 miles from downtown Rochester. The neighbourhood is an area with a increase in new homes, mostly owner occupied, which have been added through a partnership between Flower City Habitat for Humanity and the Rochester Housing Authority. Investment Calculations Purchase price $67,900 Gross annual rental income: $10,800 Property running costs:(Tax, insurance and management costs) $2,473 Net annual rental income: $8,327 Investment calculation - Net Income divided by Purchase price = NET ROI. Return of investment 13% Break even in 7.69 Years This property is a House for sale.
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