611 E Lancaster Ave
Reading PA 19611
Multi-Unit Reading, PA
$550000.00
611 E Lancaster Ave , Reading PA 19611
8 Bed 5 Bath | Sq Ft | Built In 1903
Financial Highlight
- Income$4,975.00/mo
- Cash Flow$580.00/mo
- Estimated Cash to Close$137,500.00/yr
Features
- 6.11% Cap Rate
- B Class
- 5 Units
- 50k price decrease
- Proforma based on 30 year mortgage at 80% LTV
- Turnkey
Monthly Expenses Breakdown
Total Expenses
$4,312.00
- Mortgage
$2,362.00
- Insurance
$147.00
- One Rate Approx
$1,144.00
- Taxes
$284.00
- Utilities
$375.00
Home365 Premium Ultimate Performance Guarantee plan
One flat rate that includes:
Full-Service Management-
Repairs & Maintenance Coverage
-
Tenant Coverage
Premium Ultimate Performance Guarantee Plan
This plan for investors who embrace risk elimination and prefer secured, predictable recurring return and passive investment experience.
Notes
Listing courtesy of RE/MAX Of Reading • (610) 670-2770
Property map
Contact us
Contact Info
Sheldon Zimmerman
Sales Agent manager
Mobile: 717-587-2424
Email: SheldonZ@home365.co
License #RS300848