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11% Cap Rate On HUMONGOUS 4 Bed, 2 Bath Property

11% Cap Rate On HUMONGOUS 4 Bed, 2 Bath Property

$73,900.00Price
It’s freaking enormous, humongous, monstrous, etc… You get the point, I mean this property is BIG with a capital B. It's a lovely 4 bedrooms and 2 bathrooms property and with an 11% cap rate, this is a real cash cow. These are exactly the types of properties that everyone at Ohio Cashflow has been buying for their own portfolio and we encourage all of you to do the same.

The 43612 zip code sits right on the outskirts of the Washington Local School District and is a prime location for both renters and home owners. Renovated comparable sales are extremely strong with prices ranging in the $60,000 - $70,000 with bigger and more appealing properties selling for $75,000+.
  • Details

    Single Family Home
    Property Type: Residential
    Property Market: Toledo
    Lot Size: 6200 sqft
    Square Footage: 1,622 sqft
    Bedrooms: 4
    Bathrooms: 2
    Parking: Detached 576 sqft

    Property Pro-Forma Details
    Rent: $900 per month
    Annual Rent: $ 108,00
    Annual Net Return: $7,620
    Cap Rate: 10%

    Annual Expenses
    Tax: $ 1,400 per year
    Insurance: $700
    Management: $1,080
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