| Price: £15,000 |
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Property Type: House Bedrooms:
3
REF ADI7 BARGAIN PRICED: $22,500/£16,666/€18,518 & FULLY LET, PRODUCING AN INCOME GROSS ANNUAL RETURN: 37% NET ANNUAL RETURN, AFTER RUNNING COSTS: 24% FULLY LET & BRINGING IN AN INCOME FROM DAY ONE Listing agent remarks : Single family property in good condition. New furnace, hot water tank and plumbing. Roof in good condition. Great for a home owner or income property. Large eat-in kitchen and living room. Two bedrooms on the 1st floor and one on the 2nd floor. Refrigerator and stove included in the sale. An excellent investment at a fantastic price. Property Type Detached single family property consisting three Bedrooms, Financial details Net rental yield after all annual running costs ($8,400 - less running costs; $840 management, $700 water and insurance , $1,450 property taxes =$5,410) Gross rental income; $700 / £466 / €538 per month Net rental income; $451 / £300 / €346 per month Buying expenses The all inclusive purchase costs for this property are $4,000.You could own this property for $26,500 and not a cent more, approximately £17,666 / €20,384 with all buying, legal fees & commissions paid. We will have the property surveyed and a full management report prepared for you on the property, the rent-ability and the tenants, THERE ARE NO HIDDEN EXTRAS, ALLTHIS IS INCLUDED IN THIS PRICE. Approximate breakdown of purchase costs per property are as follows; Legal costs: $1,200 Survey costs / Property report: $1,000 Commission / fees: $1,800 Please note that with the ever changing exchange rates we have used £1=$1.65 & €1= $1.50 for guidance only, as all property prices are set in USD. INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent. We will also source any property for our clients to suit their needs and budget. Property Description The Property: A detached single family property with three bedrooms.The Location: The property is situated in a good rental area of west Syracuse about a mile from the city center and the main shopping mall the Carousel centre Condition: This property is in good condition throughout and has has many upgrades. Occupancy rate: Extremely high, due to the location and type of property there will always be a demand for this property and it would be easy to find replacement tenants if needed.Tenanted: Yes, we only sell properties with a high rental demand.Management of this property: A full management service will be provided with this property. The City Syracuse, USA; the City with Potential Syracuse is a vibrant city with much to offer and, with the right advice on property types and areas, it offers great investment opportunities. One of the key considerations to assure demand for your rental property is LOCATION. The city boasts a University, a variety of schools, several hospitals, shopping malls, an airport and also the multi-billion dollar Destiny USA project. This is a major redevelopment Please note: Details for all properties are provided and maintained by third parties. Therefore, homesoverseas.co.uk makes no warranty as to the accuracy of these details. |