714843-487 ALEXANDER HAS 4 APARTMENTS IN THIS BUILDING & IT IS SELLING FOR $84.900K/£42,450K - LOCATED IN NEW YORK STATE

Key selling points for 714843.487

* VERY IMPRESIVE 4 Apartment Units at ONLY $84,900K/£42,450k
* ALREADY LET!!!!!
* Finders Fee: $3,000
* Reservation Fee: $1,500
* Sound Capital Growth
* Great Long-Term Investment!

We have discovered for you this nice building consisting of 4 Apartment Unit (flats) in Western New York State. This building is a unique money maker already tenanted! The property is in an excellent location, close to a major City Centre with good transport links and activities.

Annual Gross Rent: $21,300

FEATURES:
Featuring front and back porch, staircases, ample parking and a 4 car garage with separate bays! Built in 1925, boosting 5,200 Sq Ft in total with 100% occupancy rate.

CASH FLOW OUTLOOK

Purchase price - $84,900 (£42,450)

Deposit – $16,980 (£8,490) IF A MORTGAGE IS REQUIRED

Monthly Rental Income - $1,775 USD/ £887.50/month

80% Mortgage at 6.% - $418.20/£209.10/month

Management 12.5% - $266.25/£133.12

Taxes - $225.79/£112.87 Month

Net Annual Income if mortgaged- $11,383.60/£5,691.8

Net Annual Income if cash Purchased: $16,402.13/$970.06