$21,000
1442 Colburn St, Toledo, OH 43609
Current Rent **
N/A
Projected Rent **
$834
๐(๐ง๐ผ๐น๐ฒ๐ฑ๐ผ, ๐ข๐) ๐ฎ ๐๐ฒ๐ฑ/๐ญ ๐๐ฎ๐๐ต ๐ฆ๐๐ฅ | ๐๐ป๐๐ฒ๐ฟ๐ถ๐ผ๐ฟ ๐ฅ๐ฒ๐บ๐ผ๐ฑ๐ฒ๐น๐ฒ๐ฑ | ๐ก๐ฒ๐ ๐๐น๐ผ๐ผ๐ฟ๐ | ๐๐ฟ๐ฒ๐๐ต ๐ฃ๐ฎ๐ถ๐ป๐ | ๐ก๐ฒ๐ ๐๐ถ๐ ๐๐๐ฟ๐ฒ๐ | ๐ฎ๐ญ.๐ฑ๐ฑ% ๐ฃ๐ฟ๐ผ๐ณ๐ผ๐ฟ๐บ๐ฎ ๐๐๐ฃ
ARV: $50,621
Potential Rent: $834/month
Unit Mix: One 2 BR/1 Bath Unit
Occupancy: 100% Vacant
Market Rents: $834/Unit
Taxes: $995
Insurance: $400
Utilities: Tenants pay for all utilities.
Building Square Footage: 815 Sq Ft
Lot Size: 3,702 Sq Ft
Year Built: 1890
Management: Currently self-managed, but excellent local property management company ready to step in and manage this one for the next owner.
Cap Rate (Pro Forma): 33.87% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)
Due Diligence: While we do our best to get all the relevant information to you, buyers are encouraged to do their own due diligence. (See Important Disclosures Below)
Location:
1442 Colburn St, Toledo, OH 43609
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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