Single Family Home in Buffalo
For Sale by Owner |
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| Asking Price |
USD 34,986 |
| Property Type |
Single Family Home |
| Year Built |
1907 |
Property Address :
133 Sweet Ave, Buffalo, New York 14212
Erie County
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Seller information: Name : Mel Kim
Phone: 7184847224 |
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| Floors : |
2 |
| Garage Size: |
None |
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Description:
$7,854 Back at Closing Cash to You = Net Investment $34,986 Rock Solid Facts 21.29% return on Investment cash on cash NO CLOSING COST One Year home warranty One Year management free One Year Rent Guaranteed One Year Tenant Guaranteed Instant Cash back at closing over $7,854.00 Positive cash flow from day one Hud / Section-8 issued over 15,000 Vouchers Great management team to deal with tenants / maintenance Qualified Tenant This property will not require any of your work related involvement Newly Renovated and Rented with annual income of $4840 in Buffalo NY. This Income property is a great opportunity for investment. CASH BACK AT CLOSING $7854 Click Here for Proforma Analysis Gross Monthly Income 133 Sweet Monthly Rental Income Unit#1 595 100.00% Monthly Rental Income Unit#2 0.00% Total Income: $595 Monthly Expenses City and County Taxes: $3 0.57% Insurance: $28 4.65% Water: $74 12.44% User Fee (Garbage) $12 2.04% lawn / Snow $15 2.52% Gas/Electric Maintenance (10%) $60 10.00% Management (10% Rent) Optional Total Monthly Expenses $192 32.21% Cash Flow Purchase price $42,840 Cash Back at Closing $7,854 18.33% Net Investment $34,986 Monthly Cash Flow: $403 Yearly Cash Flow: $4,840 Annual Cash on Cash ROI: 13.83% Cap Rate: 13.83% Recoup your out of pocket cash in less than: 6 Years Additional Income Tax Benefit from Depreciation Approx. $467 1.34% Appreciation approx. 5% annually $2,142 6.12% Total Realized Income (net cash flow+Depreciation+Appreciation) $7,449 21.29% Property Info SBL# 112.29-6-37 DEED BOOK 07204 DEED PAGE 00555 FRONTAGE 30 DEPTH 100 SQUARE FT 2002 YEAR BUILT 1907 BED ROOMS 4 BATHS 1
http://www.FSBOads.com/12718
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Nearest Properties: 4BR/2BA Multi-Family Home for Sale in Buffalo, NY 14212 - $40,662 (0.2 mi) 5BR/2BA Multi-Family Home for Sale in Buffalo, NY 14212 - $42,390 (0.2 mi) 3BR/2BA House for Sale in Buffalo,, NY 14211 - $34,000 (2.2 mi) 3BR/1BA Home for Sale in Buffalo,, NY 14211 - $32,500 (2.3 mi) 3BR/1BA Home for Sale in Buffalo, NY 14211 - $32,500 (2.3 mi)
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Buffalo Investment Properties
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Buffalo Investment Properties
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| Submission Date: |
07-16-2009 |
We ensure that buying a Buffalo homes for sale is easier than you think. You can find Buffalo, NY real estate for sale like single-family homes, apartments, townhouses, condos, land and many others here. If you are looking to buy or sell For Sale By Owner Buffalo, New York, our website can supply you with the most updated Buffalo, New York FSBO listings information.
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