*Pretty Please* DON'T Buy This House Either
$79,900.00Price
As the years go on (Ohio Cashflow is celebrating its 2 year anniversary) our deals have been getting better and better. We love our company so much along with the market we work in, the properties we offer and the service we provide that we are keeping more properties than we are selling. Here is another absolutely stunning 2 bedroom, 1 bathroom house that has been completely overhauled with a major renovation. This turnkey investment property backs onto a bike trail and is located in a heavily owner occupied area of Toledo.
The property is located in a bread and butter area that we have been buying a ton of homes in over the past 2 years. 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 $65,000 - $80,000 with bigger properties selling for $90,000+.
Details
Single Family Home
Property Type: Residential
Property Market: Toledo
Lot Size: 5,200 sq ft
Square Footage: 1,151 sq ft
Bedrooms: 2
Bathrooms: 2
Car: Driveway
Property Pro-Forma Details
Monthly Rent: $850
Annual Rent: $10,200
Annual Net Return: $7,080
Cap Rate: 9%
Annual Expenses
Property Tax: $1,500
Insurance: $600
Management: $1,020