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Explore a lucrative property investment opportunity at 1736 S. Ruby Street, Philadelphia, PA. With a purchase price of $30,000 and a total investment of $73,500, this residential property promises an annual net return of $8,928, equating to a cash-on-cash return of 12.1%. This 3-bedroom, 1-bath home features 1,024 sq. ft. of living space and includes a partial finished basement. With a monthly rental income of $950 and expenses totaling $206, the property yields a net income of $744/month. Take advantage of this promising investment!
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All Numbers In This Presentation Are In United States Dollars
Property Investment Summary • Purchase Price $30,000 • Rehab $41,000 • Closing Cost $2,500 • Total Investment $73,500 • Annual NET Return $8,928 • Annual Cash-On-Cash Return On Investment 12.1%
Property Rental Monthly Income/Expenses Rental Income $950 Expenses Property Management $95 Property Taxes $51 Insurance $60 Net income $744/Month Annual net income $8,928
Property Details • Property Class: Residential • Annual Taxes: $615 • 3 Bed, 1 bath • Building Square Feet: 1,024 • Finished Basement: Partial • Stories: 2