Is This America's Cheapest House?
$0.01Price
This is not the type of property that Ohio Cashflow would normally buy. But since the price was so low, we couldn't resist. We bought this property for nothing, zip, nada. At $0.00, this has to be America's cheapest house. To find out more about the progress of "America's Cheapest House" make sure to check out Engelo Rumora #TheDingo's YouTube channel - https://www.youtube.com/user/RumoraEngelo
Details
Single Family Home
Property Type: Residential
Property Market: Toledo
Lot Size: 5500 Sqft
Square Footage: 735 sq ft
Bedrooms: 3
Bathrooms: 1
Parking: Attached, 520 sq ft
Property Pro-Forma Details
Rent: $600
Annual Rent: $7,200
Annual Net Return: $5,380
Cap Rate: 100%
Tax: $500
Insurance: $600
Management: $720