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Single Family Residence
East Longmeadow (MA), United States
$1,973 per slot
18 Harris Dr, East Longmeadow, MA 01028
A mature real estate market with favourable returns.
Average occupancy 80%
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
This lovely 3 bedroom home is move in ready. Spacious back yard for family gatherings .Located in the desirable Benton Estates neighborhood. Close to shopping and easy access to the Freeway. This is a great opportunity for a moderate income family. Living room has a working Pellet Stove which can be a major source for heating if desired.
Financial Details
Total Property Value
$197,335
Price Per Slot
$1,973
Aquisition & Legal Fees (3%)
$5,920
Total Cost Per Slot (incl. fees)
$2,033
Projected Returns
Projected Gross Rent
$15,786 (8% of value)
Management fees (7%)
$1,105
Operating/Service Expenses (3%)
$473
Projected Net Income
$14,208
Net ROI Per Slot (on $3,950)
11% annually
Additional Details
- Bedroom
- 3
- Bathroom
- 2
- Area
- Int - 1,320 Sq Ft.
Ext -
Location
East Longmeadow MA, United States