$83K all-in, $1,400 Rent

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$83K all-in, $1,400 Rent

Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes

$83K all-in, $1,400 Rent

During the 2,985th episode of The MLS Search & Analysis Show, James Wise breaks down a low-cost Ohio rental property that could be acquired and improved for roughly $83,000 all-in while targeting approximately $1,400 per month in rent. James walks through the property's dated cosmetics, estimated $5,000 renovation budget, rental strategy, neighborhood risk profile, potential cash versus Section 8 options, and the numbers that could make this an attractive addition to an out-of-state investor's portfolio. The house may need the 1980s taken out of it, but the underlying cash flow is what really matters. Access the full deal breakdown with a VIP PLUS Membership.

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