Three bedroom house City of Rochester, Monroe County, New York, USA 3 Bed Townhouse £38,958 | €43,386 | $52,900 Request a Currency Exchange Quote Here

This huge three bedroom house is amazing value at $52,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41612354

This fantastic three bedroom single family home is located in Lyell-Otis, a
great neighbourhood in the North West of Rochester, New York.
The property consists of three spacious bedrooms, one bathroom, a large
kitchen and lounge diner and a large back yard with off street parking. The
house has good tenants in place paying $850 in rent each month.
This property is under management with a great local Rochester property
management company.

This property is located in Lyell-Otis, which is a great neighbourhood in the
North West of Rochester, New York. The house is just 2.3 miles from
downtown Rochester and walking distance to Jefferson High School. The
house is also just 1 mile from Lyell Avenue which hosts a multitude of
supermarkets, shops, restaurants and many services.

 

Investment Calculation

Purchase price: 52,900

Gross annual rental income: $10,200

Property running costs: $3,031
(Tax, insurance and management costs)

Net annual rental income: $7,169

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 14%

Break even in 7.14 Years
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