Four bedroom house City of Rochester, Monroe County, New York, USA 4 Bed Townhouse £44,113 | €49,127 | $59,900 Request a Currency Exchange Quote Here

This large four bedroom house is a rare find at $59,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41623711

This large four bedroom home is located in Lyell-Otis, a great neighbourhood in the
North West of Rochester, New York.
The property consists of four spacious bedrooms, one bathroom, a large kitchen and
lounge diner and a large back yard with a garage. The house has good tenants in
place who are in the property over two years, they are 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 2.4 miles from downtown Rochester
and walking distance to Jefferson High School. The house is also just one mile from
Lyell Avenue which hosts a multitude of supermarkets, shops, restaurants and many
services.

 

Investment Calculation

Purchase price: 59,900

Gross annual rental income: $10,200

Property running costs: $3,349
(Tax, insurance and management costs)

Net annual rental income: $6,851

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

Return on investment: 12%

Break even in 8.33 Years
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