Finances

Kent-Way apartments will be fifteen 2B/1b/1l apartment with a laundry closet, and an office. HUDs fair market rent determination is $1,770 per month for rent. This will mean the building will generate $26,550 per month. This is a respectable amount, but keep in mind that there are other expenses such as FiOS? internet. Most of the utilities are accounted for, but since there is no way to have an antenna for each apartment, there is nothing much that can be done with providing for television. You can learn more about television as a utility at the main site. You can learn more about the utilities by going to the Utilties page. Still, I will see this building as generating a profit for the realty company. And the fact that the tenant has walking access to groceries, and 3 bus routes is a pretty good option.