We are back with another turnkey property in our newest market: Dayton, Ohio!!
Just what does Dayton have to offer? The city is the 7th lowest cost of living in the U.S., it has high rental demand with over 55% renters, a diversified economy with multiple job sectors, and more! It’s the perfect chance to start investing or add to your portfolio.
Ready to get in on the cash flow with these turnkey properties? Today we have a single family home with an (conservatively) estimated $515 per month in your pocket! Check it out, and if you’re interested in buying this or a property like it, just contact Melissa at firstname.lastname@example.org.
Location: Dayton, Ohio.
Built In: 1954 (fully renovated)
Purchase price: $68,200 (not a foreclosure, normal sale and with tenants in place as condition of closing!)
Property info: 2 bedrooms, 1 bathroom, 1068 square feet, 1 story, 1 car parking
Monthly rent collected: $795
Property taxes: $80
Property management fees: $64
Monthly expenses (conservatively estimated)
Vacancy (7%): $56
Repairs (5%): $40
Total Monthly Expenses- $280
Net Income = Income – Expenses = $515
Cap Rate =
annual net income (non-inclusive of mortgage payment) / purchase price = 9.06%
Cash-on-cash return =
Depends on your leveraging.
- 90 Day Seller Warranty
If you are interested in this property or seeing others like it, contact Melissa at email@example.com. Take the plunge: you won’t regret it!