Updated over 11 years ago on .
Another Great Buy & Hold Rental Property in Columbus, Ohio to Add to Your Portfolio - Net ROI 15%
Don't miss out on this opportunity to add a great rental property to your rental portfolio, bringing you a Net ROI of 15% after rehab cost, annual property expenses, property management fees, etc. This property has a detached 2-car garage, and a large fenced in front yard. Also, all neighboring houses on the street are occupied and in good shape, including a newly built home next door. Electric has been updated, and mechanicals (including central AC), roof, and structure are all in great shape - minor cosmetic repairs of $3,500 will have this property rent-ready. Refrigerator stays with property as well. Home is located close to Linden McKinley.
1456 E. Blake Ave. Columbus, OH 43211 (Click Here)
Asking Price: $25,000 CASH
Estimated Repair Cost: $3,500
Total Investment: $28,500
Monthly Rental Income: $600
Monthly Expenses: $231.92
Positive Monthly Cash Flow: $368.08
Net ROI (after expenses): 15% **See attached Cap Rate Calculator for breakdown
CLICK HERE FOR PICTURES AND MORE INFO ON PROPERTY
Please call Dustin at 614-725-7594 or send me a message here on BP if you are interested.