2017 Lafayette St

Pittsburgh, PA 15218
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2 bd, 2 ba | 996 sqft | Built in 1943

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List Price
$91,400

Initial Investment

$24,907

Purchase Price

$91,400

Down Payment

25%

Rent

$1,190

Total Return

$44,898

Annualized Return

27.0%

Cap Rate

9.8%

Gross Yield

15.6%

Cash Flow

$3,319

Appreciation

5.4%
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Features

Occupancy

Occupied

Lease Start

06/01/2019

Lease End

05/31/2020

Lot Size

2,158

HOA

None

Flood Risk

Not Required

  • Excellent tenant history
  • Recently remodeled, stainless steel appliances and high-end Samsung washer/dryer
  • Ideal location on a quiet street 2 blocks away from a park, near a bus line to downtown area and all the major universities
  • Seller offering home warranty

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Annual Financial Highlights

Expected Rent

$13,566

Expenses

-$3,878

Property Taxes

-$1,400

Loan Payments

-$4,969

Net Cash Flow

$3,319

See more in Financials

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