Hot Off Market Deal in Columbus!

  • House
    1120 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $52,000
    Status : Sold
    Year Built : 1120
 Description
Hiawatha St Columbus OH 43211

$52k (cash or hard/private money only)

3bd/1ba 1120 sqft

ARV $85k+/-

All large ticket items in good shape, has newer roof, windows, ac and hot water heater!

It could use some light interior upgrades but not needed - $5k+/- rough estimate

Market rents $1200

Contact for more info!!
 Rehab Work Needed
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

2900 Azelda St, Columbus, OH, USA, 43224

Sold : $88,000

Comparable #2

2681 Hiawatha St, Columbus, OH, USA, 43224

Sold : $79,000

Image Gallery

 Summary

Overview
Hot Off Market Deal in Columbus! Sold
$52,000
Property ID: OH190711993
Address: Login to View
City: Columbus
State/Province: OH
Zip Code: 43211
Country: USA


Rental Analysis

+ Purchase Price: $52,000
+ Purchase Closing Cost: $1,560
+ Rehab Cost: $3,000
Total Acquisition Cost: $56,560


Monthly Rent: $1,200
+ Annual Potential Rent: $14,400
- Vacancy (3%): $432
Annual Gross Income: $13,968
Annual Gross ROI: 24.7%


Flip Analysis

+ Purchase Price: $52,000
+ Purchase Closing Cost: $1,560
+ Rehab Cost: $8,000
Total Acquisition Cost: $61,560


+ Selling closing cost: $2,550
+ Agent Commision : $2,550
Total Holding Cost: $5,100


Total Flip Cost: $66,660
Projected ARV: $85,000
Net Income (Profit): $18,340
CAP Rate: 27.51%

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