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PRICE REDUCED CASH COW 4 PLEX!!!
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| Income Producing, Dayton OH | |
Under Contract |
PRICE REDUCED AGAIN!!!!
BUY THIS FOURPLEX BEFORE SOMEONE ELSE DOES AND LOOK FORWARD TO GETTING YOUR CHECK IN THE MAIL RATHER THAN LOOKING AT THE MINIMAL RETURN THE BANK IS GIVING YOU ON YOUR MONEY!!! |
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| Price: | $45,000 | | Est Amount of Repairs: | $4,000 |
| After Repaired Value: | $90,000 | | Est of Taxes, Ins, Attorney: | $270 |
| Est Equity: | $45,000 | | Required Deposit: | $5,000 |
Contact Us About This Property
This one won't last folks! All four units are now rehabbed and rented! Rented units bring in $300 each and don't forget the $25,000 in instant equity for a Cash Buyer!
Auburn needs only minor work to include replacing two aging furnaces. Owner pays water and the remaining utilities are separately metered and paid by tenants. Not to be overlooked is a beautiful maintenance free brick exterior! All in all, a nice addition to any real estate portfolio.
Now let's look at the money and see why this is such a gem of a deal for all of you Cash Buyers out there:
Fully rented this beauty brings in $1,200 a month less estimated expenses of $270 (taxes, insurance, water) for a total of $11,160/yr... with an investment of $62,000 (sales price of $58,000 and $4,000 in repairs) that's a Cash-on-Cash Return of 18%!
Face it... your CD Returns pale in comparison!
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Additional Photos (Click to Enlarge)
Related Documents
Lead Base Paint Addendum
Letter of Intent To Purchase
Purchase Pre-Qual
Hard Money Pre Qualification Worksheet
Listing Details
| Market: | Anywhere in USA |
| Address: | 1931 Auburn Ave
Dayton,OH 45406 |
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Vacant: | Yes |
| Rented: | Yes Rent Amt: 1200 |
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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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