Norristown, PA Investment Property "Turnkey"

[Account Closed]

Great Norristown Investment Opportunity

Original List Price = $97,500

Current List Price = $92,500

Target Price = $85,000   Live with $90,000

Rental Income (Based on comparables) = Low $1,150  High $1,300

Current Property Tax = $2,891

Rental Referral Fee = 1 months rent $1,150

Landlord insurance = $400  (90,000 / 1000= 90 x 4= $360 round up to $400)

Vacancy Ratio = 10% or $1,380

Maintenance = 10% or $1,380

Management Fees = 10% or $1,380

Landscaping/Snow Removal = 5% or $690

25% down Rate at 3.5% 30 year = $300 monthly payment

All numbers are conservative 

CASH FLOW = $350/month

Replay via post or call me for more information and other investment opportunities.

Thank You,

Geno Angeloni

Keller Williams

215-882-0947

[email protected]