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GREAT RENTAL 30k+ EQUITY & $475/M CASH FLOW
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| Residential, Dayton OH | |
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GREAT LOOKING HOUSE, EASY RENTAL MINOR COSMETIC REPAIRS NEEDED TO CREATE ALMOST $500/MONTH IN CASH FLOW AND 30K IN INSTANT EQUITY!! |
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| Price: | $22,375 | | Est Amount of Repairs: | $7,000 |
| After Repaired Value: | $55,000 | | Est of Taxes, Ins, Attorney: | $150 |
| Est Equity: | $30,000 | | Required Deposit: | $2,000 |
Contact Us About This Property
Very nice house in the Meadowdale neighborhood where we've had great success with rental property. This home is very spacious and has lots of updates. It has nice vinyl siding, new windows, a roof that's about 5 years old and updated HVAC with central air conditioning, electric and water heater. Plumbing looks to be all replaced as of 2002 and in good condition. It has a nice deck/patio along the side of the house. The kitchen cabinets are in decent condition but would look best if replaced. The bathroom is in great condition and just needs to be cleaned up. Five windows need to be replaced, the carpet upstairs is in good condition so we would recommend just repacing the downstairs carpet, and a full paint job to finish the house off.
$7,000 would fully remodel this place to look brand new. It would get you a new kitchen, fix the broken windows & storm door, replace the carpet and vinyl on the main floor, paint the whole interior and check the furnace, water heater and plumbing fixtures.
This home sits in the quiet Meadowdale neighborhood in north Dayton. It is close to Turner Rd and Salem Ave for easy access to downtown Dayton or Trotwood. This home will rent for $625 per month with the tenants paying all utilities. Check out the numbers:
Taxes: $105
Insurance: $45
Gross Rental Income: $625
Total Expenses: $150
Net Cashflow: $475
*assuming a cash purchase
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Additional Photos (Click to Enlarge)
New Electric Panel
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bathroom1a
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Bathroom
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Bedroom
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Bedroom3
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Bedroom2
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Bedroom1
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Living Room
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Dinining Room
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Kitchen
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New Water Heater
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Related Documents
Lead Base Paint Addendum
Letter of Intent To Purchase
Purchase Pre-Qual
Hard Money Pre Qualification Worksheet
Listing Details
| Market: | NE |
| Address: | 3527 Pittsburg Ave
Dayton,OH 45416 |
| Bedrooms: | 3 |
| Bathrooms: | 1 |
| Vacant: | Yes |
| Rented: | No |
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Contact information:
 | Bryan Holmes
707-534-1577 ext. 107
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Additional Comments:
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How to Buy
To put this property under contract please download the Contract Package (see Related Documents above). Fill out and send back to us along with the required deposit.
* All properties Subject to errors, ommissions, deletions, additions, cancellation, financing qualification if applicable and prior sale. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due dilligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed.
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