House For Sale: 91 Fisher St, Buffalo, NY

Written by Alan Findlay on . Posted in Investor Insight, Investor Properties, Properties

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91 Fisher St, Buffalo, NY

Great long term tenants!  Rented $725.00 monthly

Gross Yield 26.7%, Net Yield 17%

County tax $18.38

1491 Sq. ft.

City tax $67.29

Lot size: 30×111

User fee (trash) $18.47

Assessed Value $41,100.

Insurance (approx) $40.00

Rented $725.00

Water (approx) $60.00

Sale Price $32,500.

Property Management $60.00

 

CONTACT US:
Telephone: +44 20 7193 2079
E-mail: info@abbotsinchcapital.com

House for Sale: Briggs Avenue, Buffalo, New York

Written by Alan Findlay on . Posted in Investor Insight, Investor Properties, Properties

In a great location overlooking the Niagara river as it leaves Lake Erie on its way to the mighty Niagara Falls, nearby, Riverside has been steadily improving as a neighbourhood over the past 5 years. Originally an Italian suburb, the area, along with much of West Buffalo is now more and more becoming a magnet for the upwardly mobile asian refugee communities that are a key element in the ongoing regeneration of the city.

This two family unit is a newly reonvated house. Currently rented at $800.00 monthly and set on a nice part of the street with a larger number of owner occupier type homes.

Sale Price – $36,000
Legals – $800
Total Cost to Buyer – $36,800
Gross Monthly Rent $800
Monthly Costs $202
Net Monthly Rent $598 – $80
Management = $518
Gross Yield – 26.67%
IRR in first year assuming no capital growth – Net Income / Cost = 16.89%
IRR after 5 years assuming no capital growth – Net Income/Cost = 84.45%

CONTACT US
Tel: +44 20 7193 2079
E-mail: info@abbotsinchcapital.co.uk
>> See full list of property for sale <<

House for Sale: Weston Street, Niagara Falls NY

Written by Alan Findlay on . Posted in Investor Insight, Investor Properties, Properties

Here we have a lovely, newly renovated large single unit home. Currently rented at $650.00 monthly and set on a nice part of the street with a larger number of owner occupier type homes. A perfect single unit for hassle free income.

Sale Price – $30,500
Legals  –  $800
Total Cost to Buyer – $31,300
Gross Monthly Rent $650
Monthly Costs $205
Net Monthly Rent $445 – $65 management = $380

Gross Yield  25%

IRR  in first year assuming no capital growth –
Net Income / Cost = 14.6%
IRR after 5 years assuming no capital growth –
Net Income/Cost = 72.8%

CONTACT US
Tel: +44 20 7193 2079
E-mail: info [at] abbotsinchcapital.co.uk

House for Sale: Martha Street, Buffalo NY

Written by Alan Findlay on . Posted in Investor Insight, Investor Properties, Properties

Martha Street house is a good sized double family unit in a very popular rental street in Buffalo. 3 bedrooms downstairs and 2 bedrooms upstairs, the recently refurbished home benefits from refinished hardwood floors, freshly painted walls, new carpets, and tiled bathroom. Currently rented at $925.00 monthly, its in good condition and represents a decent income play.

Sale Price – $38,000
Legals – $800
Total Cost to Buyer – $38,800
Gross Monthly Rent $925
Monthly Costs $205
Net Monthly Rent $720 – $92 management = $628

Gross Yield – 29%

IRR in first year assuming no capital growth –
Net Income / Cost = 19.4%

IRR after 5 years assuming no capital growth –
Net Income/Cost = 97%

CONTACT US
Tel: +44 20 7193 2079
E-mail: info [at] abbotsinchcapital.co.uk

420 23rd Street, Niagara Falls NY

Written by Alan on . Posted in Investor Properties

Address: 420 23rd Street, Niagara Falls NY
Type: Double family home

Nice brick 2/2 family house in desirable rental area.
Both units have 2 bedrooms, living area, and both have covered porches.
Cinder block garage with nicely landscaped yard.

CONTACT US for more details:
Tel: +44 20 7193 2079
E-mail: info at abbotsinchcapital.co.uk

2411 Ferry Street, Niagara Falls NY

Written by Alan on . Posted in Investor Properties

Address: 2411 Ferry Street, Niagara Falls NY
Type: Single family home
Sale Price: $25,300
City Assessed Value: $37,234
Gross Monthly Rent: $625
Gross Yield: 30%

Single Family Home on large corner lot.
Recently remodeled 4-5 bedrooms with 2 baths.
Full Basement, covered porch, and new electric service.
Rented for $625.00 a month.

CONTACT US for more details:
Tel: +44 20 7193 2079
E-mail: info at abbotsinchcapital.co.uk

CONTACT

Abbotsinch Capital LLC
Tel: +44 0141 356 2813
Email: info@abbotsinchcapital.com