Purchase Price: $280,000Down Payment: $75,000 (~27%)Loan: 6.625% interest, 30-year fixedRents: $1,350 per side ($2,700 total, tenants pay utilities)Property Taxes (2023): $4,247/yearInsurance: $2,600/yearProperty Management: 10% of gross rentMaintenance + CapEx: 10% of gross rent (includes reserve for roof replacement in 5 years)Vacancy: 5%Annual Gross Rent: $32,400Total Operating Expenses: ≈ $13,600Net Operating Income (NOI): ≈ $18,800Cap Rate: ≈ 6.7%Annual Debt Service: ≈ $16,000Cash Flow (after all expenses): ≈ $2,800/year ($230/month)Debt Service Coverage Ratio (DSCR): ≈ 1.17Cash-on-Cash Return (Year 1): ≈ 3.7%Notes:Roof expected to need replacement within 5 years (budgeted $10–12K).Tenants pay all utilities,Rents appear market average.Located in a stable B-class neighborhood with consistent rental demand.Population growth slightly negative but a 20 minute drive from Cincinnati.  

The array is located on Burton Drive.

We own a property in Windsor Hills, just a few minutes from Reunion, so we know that submarket well: from guest profiles to HOA quirks to what actually drives repeat bookings.Across our portfolio, we’ve consistently been the top earners by bedroom count in each resort we operate in (per PriceLabs and AirDNA benchmarks).

Being able to drive by your property, check on it, and manage small issues firsthand makes a big difference early on.

You can offer to help with deal analysis, drive for dollars, or manage simple project tasks in exchange for shadowing their process.

I work for a wholesale brokerage here in Central Florida. This year has been challenging for real estate in general. Most of the properties we as a team, acquire from the MLS double close or assign. Thats been our bre...

You can also drive or walk. 3.

That might drive your LTV down and get you better pricing.

Cristian 🙌 love seeing your drive at 23.

Hours include drive time:                    2.5 hoursFilled out insurance application for 123 Maple Street and discussed with broker:   1 hourA lined sheet of paper could accomplish this.