Located in the heart of one of Philadelphia’s popular and beautiful Northern Liberties neighborhood area, the 4-story townhomes at North American & Bodine Street are a perfect example of the luxurious, modern realty investment properties offered by National Realty Investment Advisors, LLC (NRIA). The new townhomes are a truewalker’s delight. The nearest bar, coffee shop, restaurant, grocery and transit store are all located within a mile, so most all daily errands can be done without having a car.
The newly constructed townhomes are packed with all ultra-desirable amenities of the modern day. With 3 bedrooms and 3.5 bathrooms and a gross living space of 1700 square feet, each unit is spacious enough for tenants to lead a comfortable lifewith family.
All of these new townhomes have gourmet chef’s spacious open kitchen equipped with top of the line appliances and European travertine tiled bathrooms with high-end fixtures, which offer dwellers a luxurious living experience.
Plus, the rooftop deck provides a beautiful, panoramic view of the surrounding city area. Each unit is complete with a private backyard patio and reserved 2-car parking space. Each bedroom has en-suite bathroom, and the master bedroom also includes a walk-in closet and balcony.
Each home unit is built at a total cost of $372,705. The final appraised value for each unit is about $632,857. This means that clients investedin this NRIA development a starting built-in equity profit of approximately $260,151 from day one.
Rental Property Benefitsassociated with these units are as follow:
Average Equity Return per Home:
|Average Final Appraised Value||$632,857.14|
|Average Total Cost||$372,705.33|
|Average Built-In Equity Profit Earned||$260,151.82|
Rent Benefits in Addition to Equity Return Above:
|Average Monthly Rental Cash-In Income||$2,728.57|
|Average Monthly Cash-Out Flow||$2,388.95|
|Average Monthly Positive Cash Flow||$339.63|
|Average Monthly Principal Pay Down of Your Mortgage||$524.07|
|Average Total Monthly Rent Benefit||$863.69|
|x 12 Months|
|Average Annual Net Rent Benefit||$10,364.33|
With the constant hike in real estate property prices and raise in rents, the estimated annual net rent benefit would be around $25,000 by the end of the 5th year.
Stay tuned to learn more about NRIA’s featured projects in the Philadelphia, PA area. To discuss your investment plan with us, call 201-210-2727 or visit our website www.nria.net.