***BUYER RECEIVES FREE 32 PLASMA TV AT CLOSING*** EXCELLENT CASH ON CASH RETURN! OPEN HOUSE THIS SATURDAY 10/10/2009 TIME: 2:00 P.M. - 4:00 P.M. PROPERTY ADDRESS: 1880 BERGEN STREET, BROOKLYN, NY 11233 (BETWEEN HOWARD AVENUE & SARATOGA AVENUE) SELLER WILLING TO ASSIST WITH CLOSING COST! Attached Brick 2-Family, 4-Bedroom Duplex over 2-Bedroom Apartment over basement. 3rd Floor: 2-Bedroom Apartment. 1st and 2nd Floor: 4 Bedroom Duplex, 1.5 Bathrooms, Living Room, Formal Dining Room, and Eat-in Kitchen. Finished Basement. Property can easily be converted to a legal 3 family. Property is well kept and in great condition. Excellent for personal use or as an income property. Located on Quiet Block near Public Transportation, Shopping and Schools. Listing Price is below Median Market Average and PRICED TO SELL! INVESTMENT BREAKDOWN: Purchase Price: $440,000. Downpayment (based on 1st time buyer) 3.5%: $15,400. Mortgage: $424,600. Approximate Monthly Payment (P+I0: $2,411. Approx. Taxes & Insurance: $350. Total Monthly Payment:$2,761. Monthly Rental Income: $4,200. Monthly Net Profit: $1,439. Annual Net Profit: $17,268. For more information please contact our office: Megastar Real Estate Inc. www megastarrealestate com Brooklyn Office: 1968 Flatbush Avenue, Brooklyn, NY 11234 Phone: 718-338-1700 Fax: 718-338-7705 Manhattan Office: 14 Wall Street, 20th Floor New York, NY 10005 Phone: 212-618-1549 Fax: 212-618-1705