Investment property in West Chester boro...jroosevelt@kw.com, Keller Williams, PA & DE

By
Real Estate Agent with SUSAN MANNERS TEAM, Berkshire Hathaway Home Services Fox & Roach

Please take a moment to review the attached analysis for a 3 bedroom/1bath twin in West Chester Boro. The attached analysis shows that an investor can estimate about an 8 - 10% annual return on investment for 129 E Nields St., West Chester - NOW ON THE MARKET

The analysis assumes the following:

  • $225,000 sale price
  • 25% down
  • 5.5%, 30 yr mortgage
  • very conservative rent increases (currently leased at $1275 thru July 2010)
  • an investor tax bracket of 33%
  • existing tax rules regarding depreciation

Cash flow obviously  higher if the mortgage payment is smaller or the rent increase is greater.

 The opportunity here is to begin or add to a portfolio of consistently rentable real estate in West Chester Boro. This property is in in good shape, with a newer kitchen, newer flooring, fresh paint and a fenced backyard. It's in a decent neighborhood, walking distance to High Street. More photos at www.129Nields.info.  (MLS 5571613) This home does not have a student rental permit. jroosevelt@kw.com

610-764-3062

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Topic:
ActiveRain Community
Location:
Pennsylvania Chester County West Chester
Groups:
Activerain MLS Online
ALL LISTINGS ARE WELCOME HERE
Chester County, PA
Keller Williams 'Rainers
Keller Williams Referral Network
Tags:
investment properties
jrosoeveltkwcom
west chester boro

Comments 2 New Comment

Rainmaker
694,437
Connie Lou Barnett
GRI,CRS,CRB,SRMM,ARA,PRS,SFR,QSC
Real Living/Home Realty

Good Morning Janice,

    Looks like a super deal to me.  I'm sure you'll find a buyer for this one.

Connie Lou

September 04, 2009 09:45 AM
Rainmaker
466,935
Janice Roosevelt
OICP ABR, ePRO,Ecobroker
SUSAN MANNERS TEAM, Berkshire Hathaway Home Services Fox & Roach

Connie Lou: thanks, appreciate the encouragement

September 04, 2009 04:03 PM
Rainmaker
466,935

Janice Roosevelt

OICP ABR, ePRO,Ecobroker
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