Bilder

REF ADI 2 1,300 gross income per month fully rented
*Can be bought for cash or with finance option (tax sale, see notes).
*THREE FULLY TENANTED rental apartments 2X1 bedroom, & 1X2 bedroom $1,300 gross income per month fully rented, price includes minor upgrades to receive a new certificate of compliance from the city.
1. TAX SALE PROPERTY see notes
Cash price $34,000 / £21,250/ €26,150 INC new C of C.
2. Price (EST) with tax repayment scheme $15,000 / £9,375/ €11,538 INC new C of C.
3. Fully tenanted and managed.
4. Gross annual return when fully let: 46%*
5. Net annual return, after fixed running costs: 27%*
6. Substantial rental property in favored rental location
7. Providing 2 x 1 & 1 x 2 bed apartments & small shop/storage
Key features
• Price (EST) with tax repayment scheme $15,000 / £9,375/ €11,538 INC new C of C.
• Cash price $34,000 / £21,250/ €26,150 INC new C of C.
• Gross annual return when fully let $15,600/£9,750/€12,000 46%
• Net annual return after fixed running costs $8,940/£5,587/€6,877 27%
• Fully rented & income producing.
• And will receive a new be Certificate of compliance from the city
• Substantial property in a flavored rental location.
• Situated on corner plot, $70,000 assessed value
• Providing 2x1 & 1x2 bedroom apartments
• Full management & purchase service provided
Financial details
Achievable rent roll $400 + $400 + $500
Net rental yield when fully let and after fixed annual running costs
($15,600 – less running costs; $1,560 management, $1,500 water and insurance, $3,600 property taxes=$8,940)
Gross rental income; $1,300 / £812 / €1,000 per month
Net rental income; $745 / £465 / €573 per month
Buying expenses
*The all-inclusive purchase costs for this property are $4,000.You could own this property for the all in cash price of $38,000 and not a cent more, approximately £23,750/ €29,230 or on the tax repayment scheme $19,000/£11,875/ €14,615 with all buying, legal fees & commissions paid.
We will have the property surveyed and a full management report prepared for you on the property, THERE ARE NO HIDDEN EXTRAS, ALL THIS IS INCLUDED IN THIS PRICE.

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