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favorite this post $99900 / 3br - 1276ft2 - ~~ Great for a Rental Property or For you to Live in! ~~ (Montgomery County) hide this posting unhide

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582 Ridge Rd.

(google map)

3BR / 1Ba 1276ft2

house

582 Ridge Rd. Telford, PA 18969
Price $99,900

Bedrooms: 3
Baths: 1
single family
Sq Footage: 1,276
Acre 0.34
Year Built: 1940
Heat: oil
well and septic

Great opportunity for rentals or starter home. Good bones. See pictures for more details.

updates needed: paint, carpet, cosmetic updates, new bathroom

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: $99,900
Estimated Repairs to get highest rents: $35,000
Transfer Tax: $990
Closing Costs (sale): $1,980
Buyer's initial investment: $136,970

+ Monthly Rental Income: $1,700
- Vacancy Reserve: $170
- Monthly Real Estate Taxes: $270
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $170
= Net Monthly Operating Income: $1,030

Your Annual cash return: 9%

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

post id: 6753236835

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