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Property for sale information

 
BPIR31GARM - OWNER FINANCED 50% LTV  
Reference nr: DB594879
Description:

OWNER FINANCED 50% LTV: INVEST ONLY $24,245/£15,153
FOR A NET RETURN OF $322/£201 PER MONTH!!

HIGH YIELD INVESTMENT OPPORTUNITY
Rochester, Western New York

BPIR31GARM: $24,245/£15,153 incl. all fees and costs
Freehold

Single Family Property exclusively secured for our clients
Gross Rental Yield: 23.7% (Net: 15.9%)
Net Monthly Income: $322/£201
Tenanted: Yes

Property Price: $38,000/£23,750

Total cost to buy the property including all fees & costs: $24,245/£15,153

Features:

Detached, two storey, single family property with 3 bedrooms, 1½ bathrooms. Built in 1929.
This interior of the house is in excellent condition, with all new carpeting throughout, new flooring in kitchen and bathroom. All new windows and doors. First floor laundry room. All new walls (owner ripped all walls back to studs and started over because house was vacant for many years). The kitchen has the original cherry cabinets and is large. There is an open floor plan with a wide open kitchen to dining room, dining room to living room flow. There is a toilet in the basement also. Brand new furnaces and hot water tank.
Fenced yard, with shed. Lot size: 4560 sq ft. (38 x 120).
Gross Living Area: 1299 sq ft.
Detached 1-car garage in excellent condition. Driveway with plenty of off street parking.
Currently fully let to a Section 8 tenant paying rental of $750/month. Tenancy Type: Month to Month.

A Home Inspection and Market Valuation will be arranged and forwarded upon reservation to the buyer.

To Reserve:

These properties do not stay available for long; if you wish to reserve this property, please contact us as soon as you can.

Telephone: 0845 257 7218
Email:enquiries@wnypropertyinvestments.co.uk

Brennan Property Investment LTD provide a complete professional investment package on their Western New York rental properties. Prices start at £10k, NET rental returns of £250 monthly. With a weak dollar, and gross yields over 25%, now is the time to build a portfolio of freehold properties in Buffalo, Rochester and our new location - Syracuse, NY. Visit our website, www.wnypropertyinvestments.co.uk, or ring 0845 257 7218 for more details and our free USA Market Report. We have over 3 years experience and offer unrivalled service to give you an armchair investment.

Bedrooms: Bathrooms: Price (€):
3 1 17,289
Features:
City
Submission Date:
02-18-2009
Last Update:
06-29-2009
Advertiser Details:


Name:
Deborah Brennan

Company:
Brennan Property Investment Limited

Phone:
0044 8452577218
Fax:

Mobile:

 
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Calculators

 
Property price: €17,289
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations