2 Property Deal
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2 Property Deal, that’s right 2 properties for 1 low price. These are properties that need a little work but can be good rentals for you for years to come, especially section 8 rentals.
851 Butler, Toledo, OH 3bd, 1ba, full basement, enclosed front porch, 1 car garage. repair cost: $9,000 Area Rents/Section8: $600/mth Area Comps: 734 E. Broadway sold on 5/5/2010 for $25,000 911 Kingston sold on 4/2/2010 for $22,000 735 Woodville sold on 3/18/2010 for $31,000820 Buffalo, Toledo, OH 2bd, 1ba, full basement, large backyard with deck repair cost: $6,500 Area Rents/Section8: $525 Area Comps: 1441 N. Ontario sold on 5/7/2010 for $25,000 1835 Chase sold on 3/16/2010 for $17,500 You get both for $16,500 Total Repair Cost: $15,500 Total Investment: $32,000 Total Monthly Rent Income: $1,125 Total Yearly Rent Income: $13,500
Return on Investment: 42% Contact me Today!!!
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