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Property for sale information

 
BPISYRPAL - HIGH YIELD INVESTMENT OPPORTUNITY  
Reference nr: DB569957
Description:

HIGH YIELD INVESTMENT OPPORTUNITY
Syracuse, Western New York

BPISYR552G: $80,245/£50,153incl. all fees and costs
Freehold

THREE Family Property exclusively secured for our clients
Gross Rental Yield: 33.6% (Net: 23.2%)
Net Monthly Income: $1,551/£970
Tenanted: Yes

Property Price: $75,000/£46,875

Total cost to buy the property including all fees & costs: $80,245/£50,153

Features:

Large, detached, three family home. Built in 1900.
Excellent condition property with three apartments, each having 3 bedrooms, living/dining room, kitchen, bathroom.
The hardwood and vinyl floorings are in very good condition. Natural woodwork throughout. Every room in the house is clean. The property meets City/Section 8 standards. Also installed is a smoke alarm system thoughout the entire building.
Lot size: 40 x 125. Gross Living Area: 3462 sq ft.
Detached, 2-car garage in good condition, which is rented for $300/year to a friend. Driveway with plenty of off street parking.
1st Floor: $750/month – fully let to S8 tenant.
2nd Floor: $750/month – ready to rent - tenants waiting.
3rd Floor: $600/month – fully let to a S8 tenant.
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 (€):
9 3 53,496
Features:
Submission Date:
06-30-2009
Advertiser Details:


Name:
Deborah Brennan

Company:
Brennan Property Investment Limited

Phone:
0044 8452577218
Fax:

Mobile:

 
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Calculators

 
Property price: €53,496
 

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