Seller Finance Rochester NY - 2 Family-Turn Key Rental Property

4 Replies

Price $15,000
Location 447 MURRAY ST, 1, ROCHESTER, NY, 14606
Property Details

Townhouse

  • Current Rent: $0
  • Square Footage:
  • Bedrooms: 3
  • Bathrooms: 2.0
  • Occupied: No
  • Lot Size:

why would you say this is an up and coming neighborhood?

i've lived in rochester for 35 years.  and drive around that neighborhood.

I would say that area is Definitely NOT in an up and coming neighborhood. 

could you show me reasons why it is ?

Who's responsible for taxes? Those deal analysis numbers look a little favorable to seller. 

  • Gross Property Income - $13,200.00
  • Owner Financing - $4,800.00
  • Maintenance 20% - $2,640.00
  • Management 10% - $1,320.00
  • Net Operating Income - $4,440.00
  • Cash on Cash Return - 29%
  • Cap Rate - 8%
well what  would you  expect a newbie wholeseller or rehabber to say? that he  f*cked up and wasted all his money in a money hole and now is trying to offload it onto some other poor soul? :D 

Originally posted by @William Dalton :

why would you say this is an up and coming neighborhood?

i've lived in rochester for 35 years.  and drive around that neighborhood.

I would say that area is Definitely NOT in an up and coming neighborhood. 

could you show me reasons why it is ?

@ James Graham What's with your misleading, if not lying statements ? Seems like a sleazy move.  An out of town investor would have no idea that your misleading them. 

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