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Single Family Home for Sale in Buffalo, NY 14212
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

Bedrooms: 4
Bathrooms: 1
Floors : 2
Garage Size: None
Size : 2002 sq. feet

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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Submission Date: 07-16-2009

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