6703 W Barivista Dr

Verona, PA 15147
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3 bd, 2 ba | 1,200 sqft | Built in 1950

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List Price
$96,500

Initial Investment

$25,710

Purchase Price

$92,000

Down Payment

25%

Rent

$1,100

Total Return

$48,443

Annualized Return

24.0%

Cap Rate

6.4%

Gross Yield

14.3%

Cash Flow

$283

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

09/18/2018

Lease End

09/30/2020

Lot Size

6,342

HOA

None

Flood Risk

Not Required

  • Attractive pricing - current property valuation range from $100,000 up to $117,500
  • Spacious 3 bed 2 bath, 1200 sqft single family house just renovated with over $11K invested.
  • The features include a brand new bathroom, updated kitchen with stainless steel appliances, and new flooring.
  • Located near Allegheny River, 20 min to downtown Pittsburgh. Easy access to PA 130 and PA 28. Retail options just 5 min away.
  • Great schools, Fox Chapel High (10 out of 10 rating)!!
  • Newly leased property with fully screened tenant with 2-year lease ending 2020

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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,555

Property Taxes

-$3,700

Loan Payments

-$5,002

Net Cash Flow

$283

See more in Financials

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