Renovated SFR in Dayton - ready for your tenants

Renovated SFR in Dayton - ready for your tenants

Real Estate Agent · Phoenix, AZ · Member since 2008 · 58 posts · 8 votes

LOOKING FOR CASH FLOW WITH AN ESTIMATED 13% CAP RATE?!?! Speice Ave in Dayton OH has been recently renovated, featuring new paint, light fixtures, refrigerator, stove and many more updates. This home has a full basement and detached garage. With your tenants in place this property can be a cash cow!

PROFORMA:
-Projected Annual Rent: $10,200
-Annual Taxes: $1,328.53
-Annual Insurance: $480
-Annual Property Management: $816
-Annual Net: $7,575.47
-Monthly Cash Flow: $631.29
-Estimated Cap Rate: 13%

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  • Investor · Columbus, OH · Member since 2015 · 15 posts · 5 votes
    10y

    Peggy, 

        What is the purchase price for this property?

  • Darrin CareyPro Member
    Lender · Dayton, OH · Member since 2008 · 1k+ posts · 705 votes
    10y

    Is that a maintenance free property?
    Let me know how the rents go. If you get 850 there, I need to raise my rents.

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