An investment worth looking into

An investment worth looking into

In a market that sees fewer possibilities for the profitable flip, it's time to look at a new investment portfolio to succeed. With the rental market strong and the general buying market still lower priced a good buy and hold is a great alternative. For instance if you have a building with 4 rental apartments and one needs a turnover, it won't be as financially burdensome as a finished house that does not sell right away. With a city filled with different neighborhoods and possible tenants the sky is the limit.

I'd like to showcase my listing in the Southwest area of the city. Just a block from University City and the lovely Clark Park, this 5 unit is an amazing buy. Priced at $319,000 with a monthly income of over $3500.00 the cap rate is at 11.81 %. With rates hovering where they are now, you can own this property with 20% down and a monthly mortgage of under $900.00 per month. Comes with a full one year home warranty and has not had an empty apartment in the 4 years. Very close to all the top universities. Your rental income in just 5 years is over $210,000 with tax benefits as well. What a perfect spot to always create demand for housing. Please call for more information and building your portfolio today! (215) 510-4921

Natasha Mtshali Headshot
Phone: 215-908-8204
Dated: September 18th 2012
Views: 3,939
About Natasha: ...

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