115 Morlow Dr
Pittsburgh, PA 15235
List Price
$99,000
Initial Investment
$26,978Purchase Price
$99,000
Down Payment
25%
Rent
$1,200
Total Return
$34,646
Annualized Return
18.2%
Cap Rate
6.3%
Gross Yield
14.5%
Cash Flow
$141
Appreciation
6.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Move-in (within 30 days)
Lease Start
03/01/2019
Lease End
-
Lot Size
14,810
HOA
None
Flood Risk
Not Required
- An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirement
- Attractive 6.4% unlevered net yield for a home in a 4-star neighborhood.
- As of 2/15, approved tenant application for $1,200 monthly rent for 3/1 move-in.
- 3-bed 2-bath 1,662 sq ft single-family home near above-average elementary school
- The house is conveniently located: only 20 minutes away from all the dining and entertaining options in downtown Pittsburgh
- With over $20,000 in renovation invested, this home features wood-like flooring throughout the house and handsome cabinetry in the kitchen
See more in Analysis
Annual Financial Highlights
Expected Rent
$13,680Expenses
-$4,057Property Taxes
-$4,100Loan Payments
-$5,382Net Cash Flow
$141See more in Financials
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