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Updated over 7 years ago,

User Stats

355
Posts
104
Votes
Michael Nyszczot
  • Flipper/Rehabber
  • Willow Grove, PA
104
Votes |
355
Posts

Priced to Sell: Great as an Investment Property or Vacation home!

Michael Nyszczot
  • Flipper/Rehabber
  • Willow Grove, PA
Posted

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

Offering

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