Property for sale in City of Rochester - 41709004 - Advertised on propertyO by Global Investments Incorporated

House for sale

£80,591

New York, Monroe County, City of Rochester, USA Property ID: 41709004


Property description

This very nice three bedroom single family home is located in the Josana neighbourhood in
Dutchtown on the North West of Rochester, New York.
The property consists of three spacious bedrooms, two bathrooms, a lounge diner, a full
basement and a large garden with a detached garage. The house has tenants in place paying
$1,200 in rent each month. The current market rent can reach up to $1,800 each month.
This property is located in Dutchtown, which is in Westside of Rochester, New York. The
house is just 2.4 miles from downtown Rochester. The Dutchtown neighbourhood is an area
with a increase in new homes, mostly owner occupied, which have been added through a
partnership between Flower City Habitat for Humanity and the Rochester Housing
Authority.

Investment Calculations
Purchase price
$94,900
Gross annual rental income:
$14,400
Property running costs:(Tax, insurance and management costs)
$3,863
Net annual rental income:
$10,537
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

11%

Break even in

9.09 Years.

Contact Global Investments Incorporated about this property

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