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Enormous Property With Great Comparable Sales

Enormous Property With Great Comparable Sales

$69,900.00Price
Now this enormous property is just something else. Check out this 3 bedroom, 2 bathroom home with a detached double garage, located in the Dayton suburb of Moraine. The property is situated right off S Dixie Ave and within a 5min drive of shops and amenities. 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 investment property is located in a neighbouring suburb South of Dayton called Moraine. Moraine is well known for its manufacturing history and as of recent the GM Moraine Assembly which was purchased by China-based Fuyao Glass Industry Group. They plan to begin large glass manufacturing operations in late 2015.

The all time high sale price for this property was $92,500 in 2008.
  • Details

    Single Family Home

    Property Type: Residential
    Property Market: Moraine
    Lot Size: 4,809 sq ft
    Square Footage: 1,514 sq ft
    Bedrooms: 3
    Bathrooms: 2
    Car: Detached Double Garage

    Property Pro-Forma Details
    Monthly Rent: $900
    Annual Rent: $10,800
    Annual Net Return: $8,336
    Cap Rate: 12%

    Annual Expenses
    Property Tax: $1,000
    Insurance: $600
    Management: $864
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