Five bedroom house Monroe County, New York, USA 5 Bed Townhouse £45,586 | €50,767 | $61,900 Request a Currency Exchange Quote Here

This large five bedroom house is amazing value at $61,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41606708

This very nice large five bedroom, two bathroom single family home is located in
Group 14621 in the North East of Rochester, New York.
The property consists of five spacious bedrooms, two bathrooms, a large kitchen /
diner, two reception rooms, a full basement and a large rear garden. The house has
newer electrics and a current certificate of occupancy. There are also good tenants in
place that wish to stay paying $975 in rent each month.
This property is under management with a great local Rochester property
management company.

This property is located in Group 14621, which is in the North East of Rochester, New
York. The house is just 1.8 miles from downtown Rochester. The house is also just two
miles and less than ten minutes from The Market District which contains some
wonderful restaurants, bakeries, and coffeehouses. A very popular part of Rochester.
Also the house is just 1 mile from Dr Martin Luther King School, there are many good
schools in this area.

 

Investment Calculation

Purchase price: 61,900

Gross annual rental income: $11,700

Property running costs: $3,482
(Tax, insurance and management costs)

Net annual rental income: $8,218

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

Return on investment: 14%

Break even in 7.14 Years
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