Property Information


Price: $39,700
State: New York
Units: 2
Yearly Gross Income: $11,970
Yearly Expenses: $7,361
Cap Rate: 11.61%
Estimated Yearly Cash Flow: $1,944
*Assume stated income and expenses with a 20% down payment and 7.5% 30-year mortgage.
    Repairs Needed:
No repairs needed to rent both units.
*Further repairs may be dependent upon inspection

Description:
This is a great investment opportunity. Well maintained duplex that is expected to generate a cash flow starting your first year.




Request Detailed Property Report:
Thomas Noonan
Investment Associate
TomNoonan@FundamentalRealty.com
(925)212-0873

Fundamental Realty Listing ID: 21 - Please include this ID when requesting reports.

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While Fundamental Realty Group provides assistance in acquiring investment properties, it is ultimately up to prospective investors do all their own due diligence on the properties prior to buying or selling, including research on the cities, neighborhoods, vacancy rates, rental rates, expenses, economic development, etc. All income and expenses provided by Fundamental Realty Group and its associates are pro-forma and are no guarantee of past or future performance. Income properties, like all investments fluctuate in profitability and rents, fees, evictions, vacancies, and repairs can dramatically affect the rate of return. Investors should always have ample capital reserves for down months. Fundamental Realty Group does not manage real estate and is not responsible or involved with the properties after the time of sale. We are not real estate agents and all transactions are the sole responsibility between the buyer and seller.