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ROI
OPEN FOR INVESTMENT

Beautiful Multi-Family House with 6 Beds, 2 Bath in Hanover, PA

637 E Middle St, Hanover, PA 17331, USA

6 Bedrooms 2 Bathrooms 2,450 sqft

Offered by Vairt

$ 120,000 Total Investment $ 25,000 Minimum Investment

  • Indicative yields calculated based on property price and current and estimated rents. Historical results are not indicative of future returns. Long term returns will vary with market conditions. Please review risk warnings.

    Est. Property Acquisition Cost $ 85,000
  • Indicative yields calculated based on property price and current and estimated rents. Historical results are not indicative of future returns. Long term returns will vary with market conditions. Please review risk warnings.

    Est. Property rehabilitation cost $ 35,000

Explore this project

Property Detail

Beautiful Multi-Family House with 6 Beds, 2 Bath and 5,662 sqft Lot in Hanover, PA This is a side by side duplex . There is a large pole building to the back of the property for the car lover. there is alley access available as well . Hanover is a borough in York County, Pennsylvania, 19 miles southwest of York and 54 miles north-northwest of Baltimore, Maryland and is 5 miles north of the Mason-Dixon line. The town is situated in a productive agricultural region. The population was 15,289 at the 2010 census.

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Why you should Invest?

IT can provide financial security. You know you can sell the home for more than you bought it if you hold it for a while. Real estate doesn’t depreciate, or usually, it doesn’t. Even though it’s a tangible asset, like a car, it appreciates rather than depreciates. Even if a home loses value, you can always count on it being worth something.

How much can you earn on this investment?

 

Estimate Total Investment

$ 120,000
 

Estimate Sale Price

$180,000

Estimate Sale Costs

$12,600.00 7%

Estimate Gross Profit

$47,400.00
Estimate Return on Investment (Total)

39.50%

Vairt's Share (ROI)

19.75%

Partners's Share (ROI)

Investment >= 25000: you will got 30% of profit share
Investment >= $50,000: you will got 40% of profit share
Investment >= $100,000 : you will got 50% of profit share

19.75%

investment Graph

Financials

Sale Breakdown
Total Vairt Vairt Partner
Estimate Purchase Price $ 85,000 $59,500 $ 85,000
Estimate Rehab cost $ 35,000 $24,500 $ 35,000
Estimate Total Investment $ 120,000 $84,000.00 $ 120,000
Estimate Sale Price $ 180,000 90,000 90,000
Estimate Hold time 0.5 Years
Estimate Sale Costs $ 12,600
Estimate Gross Profit $ 47,400 23,700.00 $33,180 23,700.00
Estimate Management Fee $ 1,008
Estimate Net Profit $ 46,392 23,196.00 $32,474.40 23,196.00
Rental Breakdown
Total Partner
Estimate Gross rent per year 18,000.00 $18,000
Estimate Service charges $ 20
Estimate Cost $ 38008
Estimate Property Management $ 1008
Estimate Property Insurance / Taxes $ 37000
Estimate Net rent $ -20,028.00 $-20,028
Estimate Net dividend income $ -20,028.00 $-10,014.00 $-10,014.00
Estimate Net dividend yield -16.69 %* -8.35% -8.35
Only 2 decimal places shown. Calculation carried on actual numbers. Some rounding discrepancies may appear.

Property key info

Min investment amount
$25,000
Number of investors
(1)
Suggested holding period
0.5 Years
Estimate Sale Price
$180,000

Rental yields

Total Investment
$120,000
Estimate Property Acquisition Cost
$85,000
Estimate Property rehabilitation cost
$35,000
Frequency
Monthly

Confidential property Documents

Amenities View All

  • Dishwasher
  • Fireplace
  • Washer/dryer
  • Carpets
  • Public Park
  • Storage
  • Laundry Room
  • Electric
  • Freezer
  • Partially finished
  • Baseboard
  • Family room
  • Master bath
  • Attic
  • Ceiling fans
  • Double pane/storm windows
  • Skylights
  • City
  • Built-up
  • Off-street
  • On-street
  • Balcony/patio
  • Lawn
  • Porch
  • Brick
  • Cement / Concrete
  • Contemporary
  • Near transportation
  • Sports court

Location on Map

Brokerage & Construction partner

RealState Broker

  • Coldwell Banker
  • Keller Williams

Construction partner

  • Vairt Constructions

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