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House for sale

£80,591

New York, Monroe County, City of Rochester, USA Property ID: 41708696

Property description

This large four bedroom single family home is located in the North Marketview Heights
neighbourhood in the North East of Rochester, New York.
The property consists of four spacious bedrooms, one and a half bathrooms, a lounge diner,
a full basement and a large garden. The house has just been renovated and will be supplied
by the seller rental ready and City Certified before the new owner closes on the property.
The management company will place brand new vetted tenants. The property should
achieve $1,450 – $1,700 in rent each month.
This property is located in the North Marketview Heights neighbourhood, which is in the
North East of Rochester, New York. The house is just 1.6 miles from downtown Rochester.
The house is also just one mile from The Market District which contains some wonderful
restaurants, bakeries, and coffeehouses. A very popular part of Rochester.

Investment Calculations

Purchase price

$94,900

Gross annual rental income:

$20,400

Property running costs:(Tax, insurance and management costs)

$3,445

Net annual rental income:

$16,955

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

18%