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Updated over 8 years ago,

User Stats

44
Posts
2
Votes
Ron Jiron
  • Investor
  • Lake Elsinore, CA
2
Votes |
44
Posts

Columbus, Ohio Fixer Duplex For Sale

Ron Jiron
  • Investor
  • Lake Elsinore, CA
Posted

Double For Sale - Fix & Flip or Fix, & Hold Investment Property

Each Unit: 3bed/1ba/1020sqft Average Area Rents: $662 (Rent-O-Meter)

Sale Price: $21,500 obo      ARV: $65,000 to $69,000 (Attached Report-Comps)

Rehab Cost: $19,000 (appx) ($1500 added to attached rehab breakdown, to Beam one Basement Wall (Precautionary)) ARV: $65K - $69K

After Expense Cap Rate of 0.23 (Based on Purchase, Rehab, $600.00 per month Rent per side, Factoring Taxes & Expenses

See Attached Property Report  - Including Rehab Report, Pictures, Comps

This property will pay for itself in a little over 4 years after purchase and repair costs, factoring annual taxes and expenses.

Contact Ron for more details, or to schedule a walk-through of this property.

(614)768-3176 o   /   (951)400-5976   /   [email protected]

Offering

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