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Explore this lucrative property investment in Philadelphia with a purchase price of $17,500 and excellent potential for an annual net return of $7,632. The property features 3 bedrooms, 1 bath, and 1,092 sq ft of living space. Take advantage of this opportunity today!
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All Numbers in this presentation are in United States Dollars
Property Investment Summary • Purchase Price $17,500 • Rehab – $42,500 • Closing cost $2,500 • Total investment $62,500 • Annual NET return $7,632 • Annual cash on cash Return on Investment 12.2%
Property Rental Income/expenses Monthly Rental Income $800 Expenses: Property Management $80 Property Taxes $24 Insurance $60 Net income $636/ month Annual net income $7,632
Property Details • Property Class: Residential • Annual Taxes: $288 • 3 bedroom 1 bath • Building Square Feet: 1,092 • Finished Basement: no • Stories: 2