93 Elmer Ave
Buffalo, NY 14215 $47,000- New Architectural Roof
- Vinyl Siding
- Vinyl Windows
- Brand New Hot Water Heater
- Updated Electrical
- Updated Plumbing
- Newly Refinished Hardwood Floors Throughout
- Remodelled Kitchen
- Remodelled Bathrooms
- Freshly Painted Interior
- Separate Utilities
- Rental Information
- See on Map
The property is rented for $750 a month. Tenant signed recent, new one year leases 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: $32.18
- 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: $167.18
- Income/ROI Information
- Total Monthly Rental Income: $750.00
- Total Monthly Expenses: $160.18
- Positive Monthly Cash Flow: $589.82
- Return on Investment: 15.05% (Based on Sale Price of $47,000)