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Updated about 7 years ago on .

User Stats

355
Posts
104
Votes
Michael Nyszczot
  • Flipper/Rehabber
  • Willow Grove, PA
104
Votes |
355
Posts

Pennsylvania Single Family | Best as a Rental Property | $65,000

Michael Nyszczot
  • Flipper/Rehabber
  • Willow Grove, PA
Posted

61 Holiday Dr. White Haven, PA 18661

Price $65,000

Bedrooms: 4
Baths: 2
Layout: single family
Sq Footage: 1,720
Acres: 0.26
Water: well
Sewer: city
heater: gas, forced air
year built: 1989

Good bones. See pictures for more details.

Needs interior updates: Needs 2 new bath vanities and paint.

Call me to visit my house at (215) 315-3839

If you are a real estate investor looking to buy and hold this property then below is some analysis:

Purchase Price: $65,000
Estimated Repairs to get highest rents: $4,000
Transfer Tax: $650
Closing Costs (sale): $1,300
Buyer's initial investment: $70,950

+ Monthly Rental Income: $1,100
- Vacancy Reserve: $110
- Monthly Real Estate Taxes: $204
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $110
= Net Monthly Operating Income: $616

Your Annual cash return: 10.4%

Call me to visit my house: 215-315-3839

For my other houses for sale or to join my buyer's list http://www.housedealsamerica.com/house-deals.html

Offering