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This Turnkey Property Will Make You Tweet

This Turnkey Property Will Make You Tweet

$64,900.00Price
Now, I didn’t mean as in ‘Tweeting” like on social media but more so as in YOU being a little happy bird. Chirp as much as you want after BUYING this awesome 2 bedroom, 1.5 bathroom home. This turnkey property would be an ideal investment for a beginner investor looking at his first purchase or more experienced investor looking to add a solid B class asset to his/her portfolio. Located East of Downtown Dayton and situated among some of the most desirable areas booming with gentrification (St Anne Hills Historic District and Historic South Park just to name a few.) This turnkey property is also located within a short stroll of Dayton University making it an ideal rental for students.

The areas shows very strong comparable sales with similar properties selling anywhere from $60,000 - $75,000 and some even pushing $80,000+ price range.

Known as the birthplace of aviation. Dayton features a fantastic array of big city amenities coupled with midwestern charm and hospitality. Located at the crossroads of America where I-75 north/south meets I-70 east-west, Dayton is the perfect destination for meetings, conventions, reunions, youth and amateur sports tournaments, group events, family vacations and weekend stop-overs. It’s Ohio travel at its best.

The all time high sale price for this property was $78,000 in 2001.

ps. The taxes on this property will be disputed as they show high irregularities from the 2014 ($800pa) to the 2015($1,500) property taxes.
  • Details

    Single Family Home

    Property Type: Residential
    Property Market: Dayton
    Lot Size: 4,948 sq ft
    Square Footage: 1,276 sq ft
    Bedrooms: 2
    Bathrooms: 1.5
    Car: Street Parking

    Property Pro-Forma Details
    Monthly Rent: $795
    Annual Rent: $9,540
    Annual Net Return: $6,777
    Cap Rate: 10%

    Annual Expenses
    Property Tax: $1,500
    Insurance: $500
    Management: $763
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