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Updated over 6 years ago, 07/17/2018

User Stats

42
Posts
16
Votes
Jared Cauffield
  • Rental Property Investor
  • Columbus, OH
16
Votes |
42
Posts

Remodeled 3/2.5 Home in Columbus, OH - Turnkey Short Term Rental

Jared Cauffield
  • Rental Property Investor
  • Columbus, OH
Posted

281 S Ohio Ave Columbus, Oh 43205

3 bed | 2.5 bath | 2193 sq. ft. 

Purchase Price: $364,900.00

Projected Monthly Income: $3,738.00

Projected Performance of STR

  1. Estimated average gross revenue per month of $3,738.00.
  2. Estimated Expenses (including cleaning, supplies, management fees, utilities, ect.) at an average of $1,554.00 per month. 
  3. Estimated average payout to the owner of $2,184.00.
  4. Estimated gross annual income = $44,856.00 / Net annual income = $26,208.00.

Property Details:

I have renovated this property and we are currently in the process of turning it into a fully functioning short-term rental. This property will come fully furnished with all the furniture, decorations, appliances, equipment, linens, and everything else needed to operate an Airbnb. Also included will be any of the current reservations, online listing assets, photos, and pro-rated rental revenue. I will provide full property management and host services through Housepitality LLC a service of Vail Realtors.

This amazing turn of the century home has both cash flow and appreciation potential. Located in Olde Town East, one of Columbus's hottest neighborhoods boasts several new builds including two right next door to the property. The property has been meticulously restored and renovated. It features new acacia hardwood floors throughout, a modern electric fireplace in the dining room, an owner's suite (ensuite includes radiant heated floors), a second floor laundry room and powder room, new mouldings and baseboard trim throughout, a chef's kitchen with granite countertops and stainless steel appliances, new windows, HVAC, new siding and exterior trim work, an expansive new rear deck and much, much more! Convenient to downtown living and major highways. IGS-Home Safe Warranty already in place. Tax abatement application is in process.

More Pictures:  https://columbus.craigslist.org/reb/d/completely-remodeled-3-25/6645817597.html

Contact [email protected] with any inquiries.

Offering