162 Summerfield Dr
Homestead, PA 15120
List Price
$105,000
Initial Investment
$29,268Purchase Price
$103,000
Down Payment
25%
Rent
$1,200
Total Return
$28,681
Annualized Return
14.8%
Cap Rate
6.2%
Gross Yield
14.0%
Cash Flow
$132
Appreciation
5.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Move-in (within 30 days)
Lease Start
06/15/2019
Lease End
06/30/2020
Lot Size
5,740
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 requirements
- Attractive 13.7% gross yield and 6.2% cap rate for a home in a 3.5-star neighborhood
- 3-bed,1-bath 1,296 sq ft single-family home that is nearby an above-average elementary school
- The house is conveniently located: only 9 miles away from all the dining and entertaining options in downtown Pittsburgh
- With $16,000 in renovation invested, this home features stainless steel appliances, granite-like kitchen counter-top, remodeled bathroom, wood-like flooring, and fresh paint
See more in Analysis
Annual Financial Highlights
Expected Rent
$13,680Expenses
-$3,849Property Taxes
-$4,100Loan Payments
-$5,600Net Cash Flow
$132See more in Financials
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