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 Contact Us About This Property
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Nice Ranch House with 25k Equity & Cash Flow
Front
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| Residential, Trotwood OH | |
Available |
DEAL OF THE WEEK!!! TAKE ACTION NOW AND CREATE EQUITY AND CASH FLOW JUST BY CALLING US. THIS IS A GREAT MINOR REHAB TO FLIP OR RENT FOR CASH FLOW. |
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| Price: | $23,950 | | Est Amount of Repairs: | $8,700 |
| After Repaired Value: | $55,000 | | Est of Taxes, Ins, Attorney: | $156 |
| Est Equity: | $22,350 | | Required Deposit: | $5,000 |
Contact Us About This Property
Fantastic property in the Salem Village neighborhood of Trotwood. This home would make a great rental or lease-option property. It needs some work including new flooring, kitchen cabinets, a/c unit, paint, bathroom vanities and touching up the exterior and landscaping. It does have new windows, a one car garage, newer vinyl siding, mid-life roof and nice neighborhood.
Our contractor has provided a full estimate for all necessary repairs and the total cost is $8,700. A full itemized bid can be provided to serious buyers. This home sits on a quiet street close to Salem Ave and the 49 Connector for easy access to downtown Dayton and Trotwood.
This home should rent for $650-675 per month with tenants paying all utilities. Check out the numbers:
Taxes: $116
Insurance: $40
Gross Rental Income: $675
Total Expenses: $156
Net Cashflow: $519
*assuming a cash purchase
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Additional Photos (Click to Enlarge)
Kitchen
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Bedroom
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Bedroom2
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Family Room
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bathroom2
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Living
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Living2
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Tub
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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: | 4183 Melgrove Ave
Trotwood,OH 45416 |
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| 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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