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AMAZING 2 Bed on the outskirts of Washington Local

AMAZING 2 Bed on the outskirts of Washington Local

$49,900.00Price
Check out this low maintenance 2 bedroom, 1 bathroom home with a detached garage. The property is located right up the road from a local neighbourhood park making it a perfect rental for a young family. The work being completed includes: kitchen upgrade, bathroom upgrade, plumbing repairs, electrical repairs, new carpet, interior paint, new light fittings and many more updates!

This turnkey property is located in the 43612 zip code and right on the outskirts of the Washington Local School District. The 43612 zip code is the bread and butter target market for Ohio Cashflow and all of its investors. Although there are many foreclosures in the area renovated comparable sales are very strong with prices ranging in the $45,000 - $50,000 and some even pushing $60,000+.
  • Details

    Single Family Home

    Property Type: Residential
    Property Market: Toledo
    Lot Size: 3,700 sq ft
    Square Footage: 992 sq ft
    Bedrooms: 2
    Bathrooms: 1
    Car: Detached Garage

    Property Pro-Forma Details
    Monthly Rent: $750
    Annual Rent: $9,000
    Annual Net Return: $6,500
    Cap Rate: 13%

    Annual Expenses
    Property Tax: $1,100
    Insurance: $500
    Management: $900
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