2058 Wilmot St, Philadelphia, PA 19124
3 bed/1 bath, 1,120 sq ft / Done & Rented
About the project
This is a solid brick-front turnkey property built in 1925 that has recently been renovated and is currently tenanted. It is a row house in North Philly featuring 3 bedrooms and 1 bathroom. The home includes new carpets throughout and laminate floors in the kitchen. Lots of street parking available. Close to public transportation and shopping. With a full 8.1% Cap Rate and appreciation potential, this is a great addition to your portfolio.
Price: $115,000
Renovation: $0
Total All In: $115,000
Rent: $1,200/mo
Property Mgmt (10%): $120
Insurance: $73
Taxes: $60
Licences: $25
Maintenance (5%): $60
Vacancy (7%): $84
Total Expenses: $422
NOI per month: $778
Cap Rate: 8.1%
GRM: 7.99
Comps*: $122,400
* Comps are NOT a guarantee, but an estimation of after repair value (ARV)