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Updated over 8 years ago on . Most recent reply

3/1 Turnkey Investor Special!!
Trenton NJ Cash Flow Turnkey Property.
This beautiful Turnkey & Occupied 3 bed/1 bath roll house is remodeled with new plumbing, new windows, new kitchen, new bath room, new paint and new carpet. It has modern, bright kitchen and bathroom. It has a nice size family room. It also has a fenced backyard. This house is located at north end of 400 block of Walnut Ave, Trenton NJ. It is the best block on Walnut Ave, and it is safe. The house has an off-street parking place at back.
You Invest, We Do the Rest!
Whether you're new or experienced, we help Investors build a diversified Real Estate portfolio using Outside In Enterprises end-to-end services.
Financing, Property Selection, Sale, Renovation, Property Management
Gain the benefits of cash flow, income, and appreciation, while leaving all of the legwork and hard work to us. We offer a FULL inventory of relatively high cap rate properties for sale in Trenton & the surrounding greater Philly area.
So, what’s the next step? Visit our website today and sign up!
Gain access to a FULL inventory of relatively high cap rate properties in Trenton, NJ for under 100k.
Purchase Price: $31,000.00
Est. NOI | $4,298.50 | Rent Potential: | $900+ |
Utilities | $0.00 | Property Tax: | -$2,956.00 |
Lics. Fee: | -$115.00 | Est. Insurance: | -$600.00 |
Repairs: | -$1,155.00 | Property Mgmt: | -$1,270.50 |
Suggested Vacancy | -$1,155.00 | Est. ARV | $30,000.00 |
Est. Closing Costs: | $2,370.00 | Est. Cap Rate: | 12.69% |
Est. Rehab $: | $500.00 | Est. Flip Profit | -$3,870.00 |
Est. Income/Year | $11,550.00 | Est. Initial Investment | $33,870.00 |
Est. NOI | Estimated Net Operating Income is the estimated income subtracted by estimated expenses |
Est. Flip Profit | Potential profit if purchasing for resale/flipping. If flip value is green, there is potential to flip and make a profit. If it’s red, it’s more than likely a better hold property |
Address | The Property Address |
Price | The Property Price |
Est. Rehab $ | Estimated cost of renovations needed to pass C/O inspections. (our estimated pricing & contractors) |
Est. Closing $ | Estimated cost of fees for closing on the contract |
Est. Initial Investment | Estimated total cash needed “all in” to get property to pass C/O inspections. (price + closing + rehab) |
Est. Income/Year | Estimated gross income per year (calculated by 11 months accounting for potential vacancies). Less turnover = higher cap rate for you |
Suggested Vacancy | Suggested % to set aside to account for high turnover rate in Trenton (est. 10%). Less incidents = higher cap rate for you |
Utilities | Typically, for a single family property, tenants pay all utilites. For multi-units, may vary. |
Est. Insurance | Estimated yearly insurance rate (you’re welcome to get your own quotes or we can recommend insurers) |
Taxes | Property taxes calculated yealy (paid quarterly) |
Management | Outside In charges 11% as a managment fee. Buyer is free to use other management companies or manage themselves. |
Repairs | Suggested % to set aside in case of damages or repair needed for a property. While property might not need repairs today. |
Lics. Fee | City of Trenton required license in order to rent property |
Est. ARV | Estimated “After Repair Value”. This is what we estimate property can sell for once rehabbed. |
Why Buy in Trenton?
- Trenton is the capital city of the U.S. state of New Jersey
- Trenton, New Jersey is located in the premium position along the Northeast Corridor between New York City and Philadelphia.
- Low Unemployment: While Trenton is officially part of the “Greater New York City Combined Statistical Area”, consider that going into 2015, the unemployment rate is the New York City MSA is still at the national average, 5.6% while the unemployment rate in the Trenton MSA is just 4.5%.
- Trenton is part of the Federal Communications Commission’s Philadelphia Designated Market Area.
- Trenton had a population of 84,913 (as of 2010) this makes it the state’s 10th-largest municipality.
- Nov ’14 – Feb ‘15 Trenton had a +6.8% year-over-year increase in average property values.
- Average price per square foot for Trenton has increased about 3.9% compared to the same period last year.
- There are currently over hundreds of resale and new homes in Trenton available, as well as close to 2000 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
- State court records show 31,500 new foreclosures cases have been filed as of Aug. 1, 2014 on track to be at least the third-highest annual total in state history. Sheriff’s sales have hit a four-year peak, and bank repossessions almost doubled in May of 2014.
- 41.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
- 22.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
- Trenton is increasingly becoming an affordable place for people to rent. Over 75% of Trenton’s population rent their home.
- Price-to-Rent-Ratios: Trenton is in a unique historical moment when low home prices combined with high market rents are producing some of the most advantageous cash flow margins for real estate investors anywhere in the country.