Student housing at Kutztown University. The building consists of a 4 bedroom house with an office space below it. The student housing is permitted for up to 6 students. The office space has a long term tenant that intends to stay for the foreseeable future. Tenants pay all utilities besides gas and common area utilities. PM me if interested.
|Current Year With 5 Students|
|Student Rental||$ 2,916.67||$ 35,000.00|
|Office Rental||$ 900.00||$ 10,800.00|
|Gross Rent||$ 3,816.67||$ 45,800.00|
|Taxes||$ 345.83||$ 4,150.00|
|Insurance||$ 158.42||$ 1,901.00|
|Heat||$ 182.21||$ 2,186.55|
|Common Area Utilities||$ 83.33||$ 1,000.00|
|Repairs/Maintenance||$ 126.75||$ 1,521.00|
|Gross Expenses||$ 896.55||$ 10,758.55|
|Net Income||$ 2,920.12||$ 35,041.45|
Anthony please send me actuals if available. Im also interested in the current management of this property. Who is managing it?
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing