11 main st, PA $ 50,000 - Greenlawn, NY Date 40 Derby Avenue, PA 11717…

11 main st, PA $ 50,000 - Greenlawn, NY Date 40 Derby Avenue, PA 11717…

11 main st, PA
$ 50,000 - Greenlawn, NY

date

? 40 Derby Avenue, PA 11717
?Country
? City
? neighborhood

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Type of transaction
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? ️ Type of strong long-term deal - preparing the conference for the tenant and renting it out
? The property under contract? - Yes, the property is under contract
? Multi-property property? - No

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Transaction data and asset
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? Buyer Price in Dollars: 45000
? Living Size in Square Fit: Property size in square fit sqft
️ Year of construction: 1988
? Number of units in the property (doors): 1
? Number of bedrooms: 3
? Number of services: 4
⛏ Estimating the price for renovation required in dollars: 15000
️ What renovation date should be completed: 7 / 10 / 2019 0: 00: 00
? Have you done this? Yes
? Link to the Axel Renovation Assessment if there is an assessment: #gid=” target=”_blank”>https://docs.google.com/spreadsheets/d/1uLiGnmZsVBkAQ8ieUHVL5E1dWqq9J4ACTurnR6qRA5A/edit #gid=0
? Promoter escort fee: 3000
? Estimating closing costs and additional costs in dollars: 3400
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? Total investment (purchase price + renovation price + escort fee + closing costs): 66400
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? About the area:
Located between Mount Dora and Vilagas on the northwest side of the metropolitan area and strategically located between major traffic routes - Highway 19 and Route 448, over the past year due to massive positive immigration, state funds for city development for infrastructure, construction of many commercial centers and schools

? About the property:
In a gated community that includes an Olympic pool, a gym, a library and a clubhouse, the community's responsibility is to take full care of residents' lawns, public areas and the services provided to the residents. The seller invested beyond his budget in renovating the property and hastened to sell back his investment.

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Expected annual revenues
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? Monthly rental 950
? Annual rental 11400

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Expected annual expenses
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Provision for unearned property leased: 2300
? Management Company: 2450
? Maintenance: 2000
️ Arnona: 1200
✍️ Insurance: 1300
? Community Payments: 1500
? Total annual expenses: 10750

? Net pre-tax annual cash flow:
? Gross Annual Yield: 0
? Net Annual Return: 0

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? Comparative market data
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? Estimated market value of the property after renovation: 95000
️ Percentage of total investment relative to market price: 1

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? Comparative Market Analysis - First Property:
************************
? Address: 213123
? Living Size in Square Pitt: undefined sqft
️ Year of construction: undefined
? Number of bedrooms: 2
? Number of services: 3
? Distance from property: 2 miles
When did it sell: 43473

Exclusive format for the real estate forum of the US Real Estate Forum: https://www.facebook.com/groups/RealEstateIsraelUSAFAQ

To view this property and other assets in the property arena: https://www.facebook.com/groups/711026639303612/

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? Sales Comparative Market Analysis - Second Property:
************************
? Address: 2 main st 11740
? Living Size in Square Pitt: sqft
️ Year of construction:
? Number of bedrooms: 3
? Number of services: 2
? Distance from property: 2 miles
When did it sell: 43482

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? Comparative Market Analysis - Third Property:
************************
? Address: 2 main st 11740
? Living Size in Square Pitt: sqft
️ Year of construction:
? Number of bedrooms: 3
? Number of services: 2
? Distance from property: 2 miles
When did it sell: 43482


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