3456 E St, Philadelphia, PA 19134
3 bed/1 bath, 980 sq ft / Done & Rented
About the project
This is a solid brick-front turnkey property in the Harrowgate neighborhood, built in 1932 that has recently been renovated and is currently tenanted. E St, Philadelphia is a single family home that contains 980 sq ft. It contains 3 bedrooms and 1 bathroom. 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: $120,000
Renovation: $0
Total All In: $120,000
Rent: $1,200/mo
Property Mgmt (10%): $120
Insurance: $73
Taxes: $32
Licences: $25
Maintenance (5%): $60
Vacancy (7%): $84
Total Expenses: $394
NOI per month: $806
Cap Rate: 8.1%
GRM: 8.33
Comps*: $122,000
* Comps are NOT a guarantee, but an estimation of after repair value (ARV)