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Property for sale information

 
BPISYRGEDD - OWNER FINANCE 70% LTV!  
Reference nr: DB512157
Description:

OWNER FINANCED 70% LTV: INVEST ONLY $24,145/£15,091
FOR A NET RETURN OF $517 / £323 PER MONTH!!!

HIGH YIELD INVESTMENT OPPORTUNITY
Syracuse, Western New York

BPISYRGEDD: $24,145/£15,091 incl. all fees and costs
Freehold

THREE Family Property exclusively secured for our clients
Gross Rental Yield: 26.7% (Net: 25.7%)
Net Monthly Income: $517/£323
Tenanted: Part-Let

Property Price: $63,000/£39,375

Total cost to buy the property including all fees & costs: $24,145/£15,091

Features:

Detached, style two storey, three family property, comprising:
Apt 1 (2nd floor): 4 bedrooms, living/dining room, kitchen, bathroom – currently let to a long term tenant of over 6 years for $650/month.
Apt 2 (1st floor): 2 bedrooms, living/dining room, kitchen, bathroom – long term tenant recently moved – to be rented for $450/month.
Apt 3 (1st floor): 1 bedroom, living/dining room, kitchen, bathroom – let to a tenant who has been here for 3 years - $300/month.
Built in 1900. The property is in overall good condition. The tenants take good care of their apartments and keep the yard clean. The attic is clean and dry.
Gross Living Area: 2826 sq ft. Lot size: 4356 sq ft. Driveway with plenty of off street parking..

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 (€):
7 3 16,968
Features:
Submission Date:
09-02-2009
Advertiser Details:


Name:
Deborah Brennan

Company:
Brennan Property Investment Limited

Phone:
0044 8452577218
Fax:

Mobile:

 
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Calculators

 
Property price: €16,968
 

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