17 Amboy Ave – Roebling Sold

  • $69,000
  • 3 beds
  • 1 baths
  • 1,140 sqft
Sold

Fix and Rent – Wholesale Investment Property 

All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.

This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.

17 Amboy Ave, Roebling, NJ 08554

Wholesale Price: $69,000
After Repair Value: $115,000
Yearly Net Cash Flow: $9,679
Cap Rate: 11.27%

Property Information

Building Type: Residential
Bedrooms: 3
Bathrooms: 1
Real Estate Tax: $2,776
Occupancy: Vacant
Parking: Street Parking

Construction Details:
Façade and Exterior: Aluminum
Roof: Shingle
Electric: Breakers
Laundry: Basement
Heating: GasP
lumbing: PEC
Zoning: Residential

Projected Financials:The following pro-forma is based on stabilized property occupancy. Expenses and profits were derived from market research.

                  Passive Income Rental

Investment Type                                                                        Cost
Wholesale price                                                                          $69,000.00
RepairAmount                                                                              $15,000.00
Estimated closing costs                                                              $1,897.50
Total Initial Investment:                                                           $85,897.50

Rental Cash Flow (Yearly)                                          Cap Rate: 11.27%
Rental Income @ $1,375/month                                             $16,500.00
Vacancy/Maintenance (1 month rent)                                   -$1,375.00
Utilities (Water Bill)                                                                         -$0.00
Accounting                                                                                        -$125.00
Landscaping                                                                                     -$150.00
Leasing commissions                                                                    -$275.00
(1 month rent every 5 years)
Estimated Insurance                                                                       -$800.00
Estimated Taxes                                                                               -$2,776.00
Property Management Fee’s                                                        -$1,320.00
Total Yearly NOI:                                                                              $9,679.00

 

Price:
$69,000
Address:
17 Amboy Ave
Roebling, NJ 08554
Square Feet:
1,140
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1907
Const. Type:
Residential

Call (609) 807-1497 for more details

Property Location