This Duplex Works With Cash Tenants or Section 8

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This Duplex Works With Cash Tenants or Section 8

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

This Duplex Works With Cash Tenants or Section 8

During the 2,987th episode of The MLS Search & Analysis Show, James Wise breaks down a $109,000 duplex with two existing tenants, below-market rents, and the potential to generate approximately $1,950 per month once the units are brought closer to current market levels. James analyzes the exterior condition, major maintenance items, lead-related considerations, tenant strategy, financing, projected NOI of nearly $14,000 per year, and a potential return of approximately 32%. He also explains why properties like this can work well for investors building Section 8 portfolios in markets such as Cleveland, Baltimore, Detroit, Dayton, and other affordable Midwest and East Coast rental markets. Access the full deal breakdown with a VIP PLUS Membership.

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