SFH best as cash flow Rental Property (Pennsylvania)

[Michael Nyszczot]

5248 Sylvester St, Philadelphia, PA 19124 

Bedrooms: 3
Baths: 1
Occupancy: vacant
Layout: townhouse
Sq Footage: 1,080
Year Built: 1940
AC: none
Heater: radiator

Pictures:  http://goo.gl/Tn1IDu Located in Philadelphia, PA this 1,080 sqft single family house is ready for a face lift. The property needs some interior updating. Good bones. See pictures for more details.

Repairs/Updates needed: paint, minor interior cosmetic updating

Contact me to view my house at (215) 315-3839

If you are a real estate investor looking to buy and hold this property then below is some analysis:

Purchase Price: $52,000

Estimated Repairs to get highest rents: $10,000
Reinstatement Costs: $0
Transfer Tax: $1,040
Closing Costs (sale): $1,040
Buyer's initial investment: $64,080

+ Monthly Rental Income: $950
- Vacancy Reserve: $95
- Monthly Real Estate Taxes: $84
- HOA Fees: $0
- Insurance: $67
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $95
= Net Monthly Operating Income: $609

Your Annual cash return: 11.4%

After Repair Value: $90,000

Call me for Access:
215-315-3839 For my other houses or real estate notes for sale visit www.HouseDealsAmerica.com