1119 Douglass St, Reading, PA 19604

Instant Equity! Light Rehab Opportunity! Reading, PA | Owner Financing Available! Owner Financing Available! 1119 Douglass Street Reading, PA 19604 Located in Reading, PA this 933 sqft single family house is ready for a face lift. The property needs some cosmetic interior updating but good bones. See pictures for more details. Contact me to view the house at 215- 315-3839 If you are looking to buy and hold (rental property) this property then below is some analysis: Rental Analysis Purchase Price: $14,900 Estimated Repairs to get highest rents: $7,464 Reinstatement Costs: $0 Transfer Tax: $298 Closing Costs (sale): $298 Buyer's initial investment: $22,960 + Monthly Rental Income: $675 - Vacancy Reserve: $68 - Monthly Real Estate Taxes: $75 - HOA Fees: $0 - Insurance: $67 - Property Management: $0 - Utilities: $0 - Reserves for Future Repairs: $68 = Net Monthly Operating Income: $399 Annual cash return: 20.8% Occupancy: vacant Layout: rowhouse Sq Footage: 993 After Repair Value: $60,000 Call me for Access: 215-315-3839