720838-254 GLENWOOD AVE HAS 2 APARTMENTS IN THIS BUILDING & IT IS SELLING FOR $59.9K/£29.950K - LOCATED IN NEW YORK STATE

Key selling points for 720838.254G

* VERY NICE 2 Apartment Units at ONLY $59,900K/£29,950k
* ALREADY LET!!!!!
* Finders Fee: $3,000
* Reservation Fee: $1,500
* Sound Capital Growth
* Great Long-Term Investment!

We have discovered for you this superb building consisting of:

REMARKABLE BUILT 2 FAMILY APARTMENT STYLE BUILDING C1920, ALL SEPARTE UTILIES. MOVE IN CONDITION WITH UPDATED BATHS AND KITCHENS. WITH WOOD FLOORS, HADWOOD FLOOR, 1,872 SQ FT TOTAL.

Annual Gross Rent: $12,000

FEATURES:
Built in 1920, with 10 Rooms in total, built on 2.5 floors, with 100% occupancy rate.

CASH FLOW OUTLOOK

Purchase price - $59,900 (£29,900)

Mortgage Deposit – $11,980 (£5,990) IF A MORTGAGE IS REQUIRED

Monthly Rental Income - $1,000

80% LTV Mortgage/30yrs@ 6.25% - $295.5,/£147.53/month

Management 12.5%:$125/£62.50-Month

Taxes - $2,153/£1,076.50 Per Annum