322 Cambridge Ave Buffalo - Vertigo Investments

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322 Cambridge Ave, Buffalo

NY $49,500

This property has been completely rehabbed. Amenities include:

  • Brand New Architectural Roof
  • Freshly Painted Exterior
  • Freshly Painted Interior
  • Brand New Carpet
  • Updated Electrical
  • Updated Plumbing
  • Brand New Hot Water Tank
  • Brand New Furnace
  • Remodelled Kitchen
  • Remodelled Bathroom
  • Private Driveway

  • Rental Information
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This property is rented for $775 a month to a New Tenant on a One-Year Lease. This Tenant paid a Security Deposit equal to one month's rent at move-in. This deposit will be credited to the New Owner at closing. The Current Property Manager who placed this Tenant will stay on and manage this property for the New Owner, ensuring a smooth transition after the sale.

Monthly Expenses

  • Property Taxes: $53.50
  • Insurance: $40.00
  • Water: Tenant Responsible
  • Sewer/User Fee: Tenant Responsible
  • Lawn: Tenant Responsible
  • Gas/Electric: Tenant Responsible
  • Snow Removal: Tenant Responsible
  • Property Management: $79.50
  • Total Monthly Expenses: $173.00
  • Income/ROI Information
  • Total Monthly Rental Income: $795.00
  • Total Monthly Expenses: $173.00
  • Positive Monthly Cash Flow: $622.00
  • Return on Investment: 15.08% (Based on Sale Price of $49,500)