327 N Horton St, Philadelphia, PA 19139

3 bed/1 bath, 2,100 sq ft / Done & Rented

 

About the project

This is a large turnkey property that has recently been renovated and is currently tenanted. It is a row house in West 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, the property features a W/D Hook up. With a full 8% Cap Rate and appreciation potential, this is a great addition to your portfolio.large

Price:                              $113,000

Renovation:                  $0

Total All In:    $113,000

Rent:                                $1,200/mo

Property Mgmt (10%):   $120

Insurance:                       $73

Taxes:                               $86

Licences:                         $25

Maintenance (5%):         $60

Vacancy (7%):                 $84

Total Expenses:              $448

NOI per month:              $752

Cap Rate:                         8.0%

GRM:                                 7.85

Comps*:                           $133,000

* Comps are NOT a guarantee, but an estimation of after repair value (ARV)