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2 Option Deal: Fix-n-flip OR Buy-n-hold in Burlington Twp NJ

USD 80,000 - For Sale
66 W. 6th St,

Property Description

Full details @ http://hollynancegroup.com/portfolio-items/66-w6th-st-burlington-nj/

Option #1: Passive Income Rental
Yearly Net Cash Flow: $10,989
Cap Rate: 10.8%

Option #2: Fix & Flip
After Repair Value: $197,000.00
Projected Net Profit: $22,706.00


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Property Details

  • Price: USD 80,000
  • Address: 66 W. 6th St
  • City:
  • Area:
  • State: New Jersey
  • Zip: 08016
  • Country: United States
  • Bedrooms: 3
  • Bathrooms: 1

Rent / Month: 1700

Vacancy / Month: 0

Repair / Month: 0

Taxes / Month: 388

Insurance / Month: 66

Utilities: 0

Management / Month: 136

CapEx / Month: 0

NOI: 0

Cap Rate: 10

Property Features

  • noattic
  • nogas heat
  • nofireplace
  • nopool
  • nofenced yard
  • nosprinklers
  • nowasher and dryer
  • nodeck
  • nobalcony
  • nostorage
  • norecreation
  • noroof deck

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