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Coop
Bronx (NY), United States
$919 per slot
60 Knolls Cres APT 2F, Bronx, NY 10463
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
1 Bedroom conveniently located in Spuyten Duyvil with windowed Kitchen. Parquet floors throughout. Maintenance includes electricity and taxes. Yearly fee for each AC. Outdoor parking immediately available without a wait. Waitlist for indoor parking. Live-in Super, onsite laundry, storage and bike room available for a fee. Outdoor sitting and play area, convenient to many stores. Local and express buses a short walk away. Close to major highways and Metro North.
Financial Details
Total Property Value
$91,865
Price Per Slot
$919
Aquisition & Legal Fees (3%)
$2,756
Total Cost Per Slot (incl. fees)
$929
Projected Returns
Projected Gross Rent
$7,349 (8% of value)
Management fees (7%)
$515
Operating/Service Expenses (3%)
$221
Projected Net Income
$6,613
Net ROI Per Slot (on $919)
11% annually
Additional Details
- Bedroom
- 1
- Bathroom
- 1
- Area
- Int - 750 Sq Ft.
Ext -
Location
Bronx NY, United States