66 Sears Street, Buffalo - Vertigo Investments

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66 Sears Street

Buffalo, NY 14212 $42,500
  • Brand New Architectural Roof
  • Freshly Painted Exterior
  • Newer Furnace
  • Newer Water Heater
  • Updated Electrical
  • Updated Plumbing
  • Brand New Carpet
  • Remodelled Kitchen
  • Remodelled Bathroom
  • Freshly Painted Interior

  • Rental Information
  • See on Map

Tenant signed new one year lease and paid full cash 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: $18.03
  • Insurance: $50.00
  • Water: Tenant Responsible
  • Sewer/User Fee: $18.50
  • Lawn:Tenant Responsible
  • Gas/Electric: Tenant Responsible
  • Snow Removal: Tenant Responsible
  • Property Management: $70.00 (10% of Collected Rent)
  • Total Monthly Expenses: $156.53
  • Income/ROI Information
  • Total Monthly Rental Income: $ 700.00
  • Total Monthly Expenses: $ 156.53
  • Positive Monthly Cash Flow: $ 543.47
  • Return on Investment: 15% (Based on Sale Price of $43,500)
  • Sales Price: $43,500
  • Property Amenities/Work Completed
  • Rental Information
  • The property is rented for $700 a month