817 McKean Avenue

Charleroi, PA 15022
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3 bd, 2 ba | 1,456 sqft | Built in 1920

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List Price
$70,000

Initial Investment

$62,930

Purchase Price

$62,000

Down Payment

100%

Rent

$861

Total Return

$41,607

Annualized Return

12.0%

Cap Rate

8.4%

Gross Yield

16.7%

Cash Flow

$4,594

Appreciation

6.0%
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Features

Occupancy

Occupied

Lease Start

05/02/2022

Lease End

05/31/2023

Lot Size

2,200

HOA

None

Flood Risk

High Risk - Zone A

  • NEW LEASE
  • Seller recently completed repair/update list below:
- Replaced all windows
- Fixed gutters
- Trash and sanitation
- Replaced Fridge and Stove
- Replaced Interior Doors
- Fixed Ceiling
- Brand new interior paint
- Landscaping
- Repaired all bathrooms
- Installed New Carpet

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Annual Financial Highlights

Expected Rent

$9,815

Expenses

-$4,021

Property Taxes

-$1,200

Loan Payments

$0

Net Cash Flow

$4,594

See more in Financials

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