Property for sale in City of Rochester - 41709005 - Advertised on propertyO by Global Investments Incorporated

House for sale

£57,662

New York, Monroe County, City of Rochester, USA Property ID: 41709005


Property description

This very nice two bedroom single family home is located in the
Charles House Area Council neighbourhood on the West side of Rochester, New York.
The property consists of two spacious bedrooms, one bathrooms, a lounge diner and a full
basement. The house has tenants in place paying $900 in rent each month. The house is
under management with a great local New York property management company.
This property is located in Charles House Area Council, which is on Westside of Rochester,
New York. The house is less than 2 miles from downtown Rochester. The 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
$67,900
Gross annual rental income:
$10,800
Property running costs:(Tax, insurance and management costs)
$2,473
Net annual rental income:
$8,327
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

13%

Break even in

7.69 Years

Contact Global Investments Incorporated about this property

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