Property Information


Price: $104,900
State: New York
Units: 4
Yearly Gross Income: $28,500
Yearly Expenses: $17,124
Cap Rate: 10.84%
Estimated Yearly Cash Flow: $4,335
*Assume stated income and expenses with a 20% down payment and 7.5% 30-year mortgage.
    Repairs Needed:
No repairs needed to rent all four units.
*Further repairs may be dependent upon inspection

Description:
Great cash flow opportunity. Great neighborhood, good schools. Utilities are included in rents, however rents are slightly higher to offset utility cost.




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

Fundamental Realty Listing ID: 26 - 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.