Check out this fixer upper located at 600 Craigie St Syracuse, NY 13206. This former REO / bank owned home is a handyman special that needs work and some TLC. We’ve priced to sell and comes with a great amount of built in equity. We are motivated and must sell this property to make room for new inventory so make an offer. Sold as-is.
Call 321-286-8253 and ask for Mike
Owner financing is available to qualified buyers with good down payment.
373 Ashdale Ave Syracuse, NY Sold for $79,000 Feb 2018
311 Ashdale Ave Syracuse, NY Sold for $86,500 August 2018
307 Couglin Ave Syracuse, NY Sold for $107,000 October 2018
Fix up and make a rental:
$34,900 purchase price
$1000 closing costs
$20,000 estimated repairs
Total Invested: $55,900
Gross Annual Rent: $15,300
Insurance Cost $1,000 yr
Property Tax Cost $1600 yr
Mgmnt Co: $1,530 (10% of gross rents)
Vacancy: $1,530(10% of gross rents)
Repairs / Maintenance: $1,530 (10% of gross rents)
Net Operating Income: $8,110
Cash Buy ROI: 14.50%
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