Cash Flowing Duplex With 21% CAP

  • House
    2008 ft2
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Rental
    $70,000 0
    Status : Available
    Year Built : 1959
 Description
Winfield Ave Dayton OH 45205
$70k

ARV $85k/21% CAP

Duplex: 2bd/1ba each 2008 sqft
Roof redone in 2014
Block exterior
Built 1959
City Water/Sewer
Unit 1 $600
Unit 2 $650
Market Rents $665/unit
Owner pays water, internet, taxes and insurance (total around $225/mo)
Both units have been rehabbed
Property management in place

Call/Email for more info!

 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Cash Flowing Duplex With 21% CAP Rental
$70,000
Property ID: OH190961303
Address: Login to View
City: Cincinnati
State/Province: OH
Zip Code: 45205
Country: USA


Rental Analysis

+ Purchase Price: $70,000
+ Purchase Closing Cost: $2,100
+ Rehab Cost: $0
Total Acquisition Cost: $72,100


Monthly Rent: $1,250
+ Annual Potential Rent: $15,000
- Vacancy (3%): $450
Annual Gross Income: $14,550
Annual Gross ROI: 20.18%


 Message

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