428 Klagg Ave 2017-08-27T14:06:28+00:00

428 Klagg Ave, Trenton, NJ 08638

3 Beds – 1 Bath – 952 sqft

Buy Now: $65,000
Submit An Offer Now

428 Klagg Ave (Trenton)

Single Family | 3 Bedroom & 1 Bathroom | 952 sqft

 

Price: $65,000

Fully renovated property with a great tenant paying $1,200 rent every month. The CAP rate for this property is particularly high because of low taxes.

 

Rent

Rent: $1200

 

Expenses

Property Tax: $125/month

Property Insurance: $50/month

Management Fee: $50/month

Permit: $115/year (Pay only once a year)

Total Expenses: $234/month

 

Annual Income:

Rent: $14,400/year

Expenses: $2,817/year (Property Tax, Insurance, Permit & Management Fee)

Net Income: $11,583/year or $965 month

Cap Rate: 17.5%