2 Duplex Property For Sale In Columbus, Ohio

[Ron Jiron]

273-275 E. Innis Ave., Columbus, OH  43207, Near Marion Village (In Reeb-Hosack)

Price:  $70,000

ARV: $125.000

Sqft:  3816  /  2 each: 3bed/1bath - 2 each: 2bed/1bath  /  Year Built:  1920

Rehab Estimated Cost:  $22,550  (Breakdown Estimate Available Upon Request)

ROI Breakdown: Annual Rents ($800 per month Average): $38,400

                            Annual Taxes:                                             ($1,677.80)

                            Annual Insurance:                                       ($1,080.00)

                           Property Mgmt.(6%)                                    ($2,304.00)

                          Maintenance and Vacancy Allocation (10%)($3,840.00)

Net Annual Income:                                                               $29,498.20 

Estimated Cash Purchase ROI: 31% (Cap Rate: 0.31)

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