$34,500 Tenanted Niagara Falls buy to let duplex with 20.6% net yield

1121 Linwood St, Niagara Falls, NY 14305 comprises a 2 family house constructed in 1936 and recently the subject of modernisation. Interior photos are available upon request. Each of the 2 apartments has 2 bedrooms, bathroom, lounge, dining room and fitted kitchen and totals around 1,000 square feet. Both are let to tenants at $400 per month ensuring a great return from day one. The property is located about 2 miles from the Water Falls,…

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1121 Linwood St, Niagara Falls, NY 14305 comprises a 2 family house constructed in 1936 and recently the subject of modernisation. Interior photos are available upon request.

Each of the 2 apartments has 2 bedrooms, bathroom, lounge, dining room and fitted kitchen and totals around 1,000 square feet. Both are let to tenants at $400 per month ensuring a great return from day one.

The property is located about 2 miles from the Water Falls, Canada and new Casino/Resort.

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:  $34,500

Buying Costs:   $2,500

TOTAL OUTLAY:  $37,000

 RENTAL INCOME:  $9,600 per annum

 OUTGOINGS:

 Taxes:             $600

Water:              $400

Insurance:        $500

Management:  $480

 

TOTAL OUTGOINGS:  $1,980

NET INCOME:   $7,620

THE NET YIELD IS THEREFORE A FANTASTIC 20.6%.

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