5538 Broomall St, Philadelphia, PA 19143
3 bed/1 bath, 1,176 sq ft / Done & Rented
About the project
This is a solid brick-front turnkey property in West Philly. This 1176 square foot single family home has 3 bedrooms and 1 bathroom and was built in 1925. It has recently been renovated and is currently tenanted. 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: $125,000
Renovation: $0
Total All In: $125,000
Rent: $1,300/mo
Property Mgmt (10%): $130
Insurance: $73
Taxes: $75
Licences: $25
Maintenance (5%): $65
Vacancy (7%): $91
Total Expenses: $459
NOI per month: $841
Cap Rate: 8.1%
GRM: 8.01
Comps*: $133,000
* Comps are NOT a guarantee, but an estimation of after repair value (ARV)