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Updated about 7 years ago on . Most recent reply

User Stats

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

Pittsburgh PA area | Single Fam | Best as a rental for Cash Flow

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

339 Short St, Trafford, PA 15085


Price $24,000

Bedrooms: 4
Baths: 1
Occupancy: vacant
Layout: Twin
Sq Footage: 1,400
Water: public
Sewer: public
heater: gas, forced air

This single family house is in move in condition. Good bones. See pictures for more details. Just needs appliances.

Call me to visit my house at (215) 315-3839

Pictures: https://pittsburgh.craigslist.org/reo/d/great-for-...

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

Purchase Price: $24,000
Estimated Repairs to get highest rents: $3,000
Reinstatement Costs: $0
Transfer Tax: $240
Closing Costs (sale): $480
Buyer's initial investment: $27,720

+ Monthly Rental Income: $850
- Vacancy Reserve: $85
- Monthly Real Estate Taxes: $90
- HOA Fees: $0
- Insurance: $67
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $85
= Net Monthly Operating Income: $524

Your Annual cash return: 22.7%


Call me to visit my house and get the lock box code: 215-315-3839

for my other houses for sale or to join my buyer's list visit http://www.housedealsamerica.com/house-deals.html

Offering

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