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Key selling points
- 28% gross rental yield
- £194 net monthly return
- 3 month rent guarantee
- Excellent management- no need to travel there
- Appraisal value $40k
- Long term tenant
Cash purchase only, buy outright for £18594 including all fees and costs. This 3 bedroom single family property boasts many updates, has excellent management in place and a 3 month rent guarantee. The tenant is long term and pays $600 a month, is clean and conscientious. This gives a gross rental yield of 25%, and nets over £190 per month.                                                  $                       £ Annual rental income                7199                    3692 Cash surplus after outgoings      4549                     2333 Net monthly return                     378                      194  The property is situated in a desirable neighbourhood on the outskirts of the City, close to the middle class areas of Amherst and Cheektowaga. There are many local amenities, good schools, employment centres and transport links nearby.  NY State licensed home inspection completed, a licensed appraisal report completed ($40k valuation) and a full and comprehensive investment package to cater for all investors needs. We supervise each deal through to closure and into management, and provide a full after sales service. Our team of professionals stateside ensure that your investment is handled expeditiously from the outset, and constant liaison is maintained throughout.  Buffalo is located on lake Erie, close to Niagara Falls, and is the second largest City in NY State. The capital growth is set to reach around 5% this year, and the house prices has risen by 3% in as many months. Buffalo has seen record investment recently, with over $3bn in key projects which will change the face of this City in the coming years. Â
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