We Have 12% Cap Rates Falling Of Trees
$53,900.00Price
They say that money doesn’t grow on trees. Well, if you buy a property from Ohio Cashflow then it does as we have properties offering 12% cap rates all day long. This property is unique in the sense that it offers all natural woodwork throughout. The property also has a huge backyard that is fenced. These are exactly the types of properties that everyone at Ohio Cashflow has been buying for their own portfolio and we encourage all of you to do the same.
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 $60,000 - $70,000 with bigger and more appealing properties selling for $75,000+.
Details
Single Family Home
Property Type: Residential
Property Market: Toledo
Lot Size: 4,791 sqft
Square Footage: 1,197 sqft
Bedrooms: 3
Bathrooms: 1
Property Pro-Forma Details
Rent: $750 per month
Annual Rent: $9,000
Annual Net Return: $6,300
Cap Rate: 12%
Annual Expenses
Tax: $1,300
Insurance: $500
Management: $900