25% or better ROI in TUNRKEY properties in N.E. PA

Ferdinand St, Scranton, PA 18508

$100,000 After Repair Value -
$60,000 Asking Price -
$0 Cost of Repairs =
$40,000 Potential Profit

Property Details

Asking Price $60,000

After Repair Value $100,000

Costs of Repairs $0

Potential Profit $40,000

Living Area 1600 ft2

Property Type Multi-Family

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $17,000

Yearly Expenses $3,000

Property Taxes $2,000

Net Operating Income $12,000

Cap Rate 20%

Property Description

I have a LARGE number of GREAT rental properties (residential rental, long term tenants, leases in place). Typical numbers run like:

Duplex. 1400 (for the pair, 625/675)
Expenses 500/mo
NOI 10,000.00/yr

Price: 60,000.00


Rent: 18,600
Expenses: 3,600
NOI $15,000
Price: 75,000

bigger and smaller properties available. OFF and ON market. Many of these are mine personally.


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