3731 Merle St

Pittsburgh, PA 15204
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3 bd, 2 ba | 1,280 sqft | Built in 1950

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List Price
$82,000

Initial Investment

$82,690

Purchase Price

$81,000

Down Payment

100%

Rent

$1,050

Total Return

$55,572

Annualized Return

12.2%

Cap Rate

8.4%

Gross Yield

15.6%

Cash Flow

$6,126

Appreciation

6.2%
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Features

Occupancy

Vacant

Lot Size

4,460

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
  • Current owner just invested $7.5K to this spacious 3 bed 2 bath 1,280 single family house, including reinforcing the roof, new flooring, and a new living room window
  • 3 star neighborhood at an 8.5% cap rate
  • Family oriented neighborhood, great location that attracts long term good quality tenants
  • Close to Sheridan Park and schools
  • Easy access to 79 and 51, only 15 min to downtown Pittsburgh

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Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,744

Property Taxes

-$2,100

Loan Payments

$0

Net Cash Flow

$6,126

See more in Financials

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