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favorite this post $75000 ~~ Great for an Investment Property or For you to Live in! ~~ (Millville) hide this posting unhide

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128 River Dr.

(google map)

apartment

128 River Dr. Millville, NJ 08332
Price $75,000

Bedrooms: 3
Baths: 2
single family rancher
Sq Footage: 1,080
Acre 0.26
Year Built: 1989
Heating: Electric
AC: Central
Sewer: Septic
Water Source: Well

Great opportunity for investment or starter home. See pictures for more details.

updates needed: paint, cosmetic updates

Call me to visit my house at show contact info

If you are a real estate investor looking to buy and hold this property then below is some analysis:

Purchase Price: $75,000
Estimated renovations: $5,000
Transfer Tax: $413
Closing Costs (sale): $750
Buyer's initial investment: $81,163

+ Monthly Rental Income: $1,300
- Vacancy Reserve: $130
- Monthly Real E4state Taxes: $215
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $130
= Net Monthly Operating Income: $765

Your Annual cash return: 11.3%

Call me to visit my house: show contact info
  • do NOT contact me with unsolicited services or offers

post id: 6815514850

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