624 Macfarlane Dr Pittsburgh, PA 15235
3bd, 1.5ba | 1,368sqft | Built in 1950
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Initial Investment
$101,922
List Price: $100,000
Purchase Price
$100,000
Down Payment
100%
Rent
$1,100

Total Return
$47,499
Annualized Return
8.9%
Cap Rate
7.3%
Gross Yield
13.2%
Cash Flow
$6,714
Appreciation
3.4%
Features
Occupancy
Occupied
Lease Start
11/19/2018 
Lease End
11/30/2019 
Lot Size
6,000 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate, meets 1% rule
  • Seller had AC replaced in July 2019 and roof replaced in July 2018, invoice included in Diligence Documents
  • Minimal immediate repair costs
  • 10 miles to downtown Pittsburgh

Annual Financial Highlight
Expected Rent
$12,540
Expenses
-$3,426
Property Taxes
-$2,400
Loan Payments
$0

Net Cash Flow
$6,714
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant properties starting 45 days after the home is rent-ready. Plus you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes properties with more than 2 units (duplex, triplex, fourplexes), commercial properties and Roofstock portfolios.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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