Updated about 9 years ago on . Most recent reply
Package of 3 Turn Key Rentals
These homes offer a 16.6% one year COC return (including a 10% property management fee)- they are cash flowing, turn key rentals. They are in great shape, with 2 having long term HUD voucher tenants in place. The third recently was placed with a new and great tenant who is now a RN. Tenants pay all utilities! Taxes are considerably low for Ohio, and rents on one of these can be increased when the HUD renewal comes around.
Dayton, OH is a high rental area and these properties are in great shape with newer roofs, VERY dry clean basements, and laundry hookups in the basement as well.
Purchase price for this package of 3: $125,000 - may be able to offer some financing on this deal, but would prefer a cash sale.
I do have other turn key rentals available with financing offered from Cincinnati north to Dayton.