124 Cable St - Vertigo Investments

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124 Cable St

Buffalo, NY 14206 $52,500

This property has been completely rehabbed and comes with a six month maintenance warranty. Amenities include:

  • Freshly Painted Exterior
  • Aluminum Sided
  • Newer Roof (Less than 5 Years Old)
  • Brand New Furnace
  • Brand New Hot Water Heater
  • Updated Electrical
  • Brand NewPlumbing
  • Brand New Carpet
  • Remodelled Kitchen
  • Remodelled Bathroom
  • Freshly Painted Interior
  • Private Driveway
  • Rental Information
  • See on Map

The property is rented for $775 a month. Tenant has paid Security Deposit equal to one month’s rent. This deposit is credited to the New Owner at closing. The current Property Manager placed the tenant and will stay on at New Owner’s request, ensuring a smooth transition after the sale.

Monthly Expenses

  • Property Taxes: $64.50
  • Insurance: $40.00
  • Water: Tenant Responsible
  • Sewer/User Fee: $10.50
  • Lawn: Tenant Responsible
  • Gas/Electric: Tenant Responsible
  • Snow Removal: Tenant Responsible
  • Property Management: $77.50 (10% of Collected Rent)
  • Total Monthly Expenses: $192.50
  • Income/ROI Information
  • Total Monthly Rental Income: $775.00 Total Monthly Expenses: $192.50 Positive Monthly Cash Flow: $582.50
  • Return on Investment: 13.4%(Based on Sale Price of $52,500)