$27,500 Tenanted Niagara Falls home with 19.37% net yield

1322 Ashland, Niagara Falls, NY is a newly refurbished 4 bedroom detached family home which is newly let to a tenant at $650 per month. Amongst the improvements are a new roof, electrics, furnace, water tank, plumbing, etc. This property is already tenanted ensuring you receive a guaranteed income from day one. Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!   KEY FIGURES:…

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1322 Ashland, Niagara Falls, NY is a newly refurbished 4 bedroom detached family home which is newly let to a tenant at $650 per month.

Amongst the improvements are a new roof, electrics, furnace, water tank, plumbing, etc. This property is already tenanted ensuring you receive a guaranteed income from day one.

Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!

 

KEY FIGURES:

Purchase Price:  $27,500

Buying Costs:   $2,500

TOTAL OUTLAY:  $30,000

 RENTAL INCOME:  $7,800 per annum

 OUTGOINGS:

 Taxes:             $410

Insurance:        $500

Water:               $600

Management:  $480

 

TOTAL OUTGOINGS:  $1,990

NET INCOME:   $5,810

THE NET YIELD IS THEREFORE A FANTASTIC 19.37%.

For further information or to reserve this property, please complete the enquiry form as soon as possible.