Great as Rental | Montgomery County PA | See Ad more details
582 Ridge Rd. Telford, PA 18969
Price $99,900
Bedrooms: 3
Baths: 1
single family
Sq Footage: 1,276
Acre 0.34
Year Built: 1940
Heat: oil
well and septic
Great opportunity for rentals or starter home. Good bones. See pictures for more details.
updates needed: paint, carpet, cosmetic updates, new bathroom
Pictures >> https://philadelphia.craigslist.org/reo/d/great-fo...
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: $99,900
Estimated Repairs to get highest rents: $35,000
Transfer Tax: $990
Closing Costs (sale): $1,980
Buyer's initial investment: $136,970
+ Monthly Rental Income: $1,700
- Vacancy Reserve: $170
- Monthly Real Estate Taxes: $270
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $170
= Net Monthly Operating Income: $1,030
Your Annual cash return: 9%
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