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- Available
Coop
Bronx (NY), United States
$950 per slot
805 E 182nd Street #4E, Bronx, NY 10460
A mature real estate market with favourable returns.
Average occupancy 90%
Mature real estate where demand never sleeps, with favorable returns.
Projected annual yield 11%
3% from capital appreciation and 8% from average rental income.
Investment duration
Recommended standard 2 - 5 years
Property Overview
Great Opportunity to own this stylish & affordable 1 Bedroom 1 Bathroom Coop unit in the Belmont section of The Bronx. Spacious eat in kitchen, living room, full bath, master bedroom, drench in natural sunlight. Walkup building with onsite super. Conveniently located steps away from the 2#,5#,B# & #D subway station, multiple bus lines, schools, hospitals, shopping hubs and major highways.
Financial Details
Total Property Value
$95,000
Price Per Slot
$950
Aquisition & Legal Fees (3%)
$2,850
Total Cost Per Slot (incl. fees)
$979
Projected Returns
Projected Gross Rent
$7,600 (8% of value)
Management fees (7%)
$532
Operating/Service Expenses (3%)
$228
Projected Net Income
$7,296
Net ROI Per Slot (on $1,600)
11% annually
Additional Details
- Bedroom
- 1
- Bathroom
- 1
- Area
- Int - 750 Sq Ft.
Ext -
Location
Bronx NY, United States