Here's a 2% rental cashflow deal. Blue Collar neighborhood
You know all those forum posts that say 2% properties don't exist? They're wrong!
Just outside Dayton in Harrison Township, this a great buy & hold in a high demand rental neighborhood (Not a Warzone!). Stick this in your portfolio and hold for a long time.
832sf bungalow with 2 Bedrooms and 1 bath on the first floor, and a finished upstairs attic used as a 3rd bedroom, and not included in square footage. Full dry basement could be finished into a nice recreation area. Large deck and fenced yard complete this home.
This is closer to “turnkey” than many properties advertised as such. The current owner has kept everything well maintained. Some fixtures are older, but everything is in good conditional and functional. A garage door, and some minor maintenance is all that’s needed to make this rent ready (about $1500). Furnace, A/C, Electric Panel, Water Heater, have already been updated.
Local Property Manager is already working with us on the property to make sure it is rent ready.
Some Pictures are here, more will be posted soon: https://drive.google.com/folderview?id=0B9uFJasBjuWGbmN0Z1gzT0ctTUU&usp=sharing
