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Updated over 7 years ago,
Priced to Sell: Great as an Investment Property or Vacation home!
109 Laverne Dr. Dingmans Ferry, PA 18328
Price $65,000
Bedrooms: 3
Baths: 2
Occupancy: vacant
Layout: single
Sq Footage: 1,404
Year Built: 1998
Acres: 0.28
Located in Dingmans Ferry, PA this 1,404 sqft single family house is ready for a face lift. The property needs some interior updating. Good bones.
Repairs/Updates needed: paint, carpet, interior cosmetic updating
Pictures: https://goo.gl/rmW0in
Call me to visit 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: $65,000
Estimated Repairs to get highest rents: $15,000
Reinstatement Costs: $0
Transfer Tax: $650
Closing Costs (sale): $1,300
Buyer's initial investment: $81,950
+ Monthly Rental Income: $1,300
- Vacancy Reserve: $130
- Monthly Real Estate Taxes: $292
- Insurance: $67
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $130
= Net Monthly Operating Income: $682
Your Annual cash return: 10.0%
After Repair Value: $125,000
Call me to visit my house: 215-315-3839
for my other houses or notes for sale visit: www.HouseDealsAmerica.com