Toledo Investment Deals http://toledoinvestmentdeals.com Wholesale Real Estate Investment Property Source. Mon, 01 Aug 2011 17:17:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Toledo Ohio Wholesale 1347 Noble http://toledoinvestmentdeals.com/toledo-ohio-wholesale-1347-noble/ http://toledoinvestmentdeals.com/toledo-ohio-wholesale-1347-noble/#comments Sun, 10 Jul 2011 20:15:10 +0000 John Glover http://toledoinvestmentdeals.com/?p=293

SOLD – SOLD – SOLD

 

1347 Noble
2bd, 1ba
Toledo, OH 43608

Add the wonderful property to your portfolio of cashflowing properties. This property is located down the street from the newly build Spring school, close to parks and the hi-way. Property was recently rented section 8 for $550/mth. It has a new kitchen and bath is currently being redone. You’re looking at a hands free property and we are currently working on placing a section 8 tenant in the house.

Purchase Price: $11,000
Yearly Taxes: $437
Yearly Insurance: $390
Potential Rent: $550
Yearly Rent: $6,600
 
$6,600 Yearly Rent / $11,000 Purchase Price = 60% Return On Investment
 
 
 
]]> http://toledoinvestmentdeals.com/toledo-ohio-wholesale-1347-noble/feed/ 0 Toledo Ohio Wholesale 517 Bates http://toledoinvestmentdeals.com/toledo-ohio-wholesale-517-bates/ http://toledoinvestmentdeals.com/toledo-ohio-wholesale-517-bates/#comments Wed, 08 Jun 2011 13:43:55 +0000 John Glover http://toledoinvestmentdeals.com/?p=272

SOLD – SOLD – SOLD

This is a fully rented duplex, an easy turnkey investment. This property presents any investor with the opportunity of making money from day 1.   Two things you avoid by purchasing this property; 1. spending times on repairs, 2. finding a tenant.

517 Bates (duplex)
2bd, 1ba (each unit), full basement
fully occupied.
each unit rented @ $350 per month
.
 
Purchase Price: $17,000
Year Taxes: $883
Year Insurance: $600
Year Water Bill: $600
Market Value: $35,000
.
 
$17K Total Investment / $35K Market Value = 48% LTV
$8400 Yearly Gross Rent / $17K Total Investment = 49% ROI
$35K Market Value – $17K Total Investment = $18K in Equity
.

Property Cashflow Calculation

Gross Annual Rent: $8400
Annual Opperating Cost: $2083 (taxes, insurance, water)
Net Operating Income (NOI): $6317
Monthly Cashflow: $526
.

 

back front side

]]> http://toledoinvestmentdeals.com/toledo-ohio-wholesale-517-bates/feed/ 0 Toledo Ohio Wholesale 3407 Buckeye http://toledoinvestmentdeals.com/toledo-ohio-wholesale-3407-buckeye/ http://toledoinvestmentdeals.com/toledo-ohio-wholesale-3407-buckeye/#comments Tue, 07 Jun 2011 16:19:04 +0000 John Glover http://toledoinvestmentdeals.com/?p=238

Move In Rent Ready Wholesale

3407 Buckeye
2bd, 1ba, 1car garage
security system, newer furnace & kitchen
Did I Mention It’s Move In Ready!!!

.

Rent For: $525/mth
Yearly Taxes: $630
Yearly Insurance: $450
Yearly Water Bill: $170
Purchase Price: $15,000

 

Total Purchase $15,000 / Market Value $34,000 = 44% LTV

Yearly Rent $6300 / Total Purchase Price $15,000 = 42% ROI

Market Value $34,000 – Total Purchase Price $15,000 = $19,000 Instant Equity

.

MAKE AN OFFER TODAY!!!

Email Me At: john@toledoinvestmentdeals.com

Or Call Me @ 419-787-7124

 

bed front kitchen living side

 

]]> http://toledoinvestmentdeals.com/toledo-ohio-wholesale-3407-buckeye/feed/ 0 Toledo Ohio Wholesale 346 Kingswood Trail http://toledoinvestmentdeals.com/toledo-ohio-wholesale-346-kingswood-trail/ http://toledoinvestmentdeals.com/toledo-ohio-wholesale-346-kingswood-trail/#comments Fri, 11 Mar 2011 02:35:51 +0000 John Glover http://toledoinvestmentdeals.com/?p=131

SOLD – SOLD – SOLD

 


 

 

Purchase price: 15K

Repair cost: 8K

Area Comps: mid 40’s for a foreclosure and 70K for a retail ready home

Located in Rogers School District

Area rents: $600 to $700

Insurance: $440/yr – estimate

Taxes: $1310/yr

Tax value: $64,100

Total Investment $23K / $64,100 Tax Value= 36%LTV
$7800 yearly rent / $23K Total Investment= 33% ROI
$650/mth Rent – $375 Mortgage Payment (PITI)= $275/mth positive Cashflow
$64,100 Tax Value – $23K Total Investment= $41,100 Potential Equity
IMG_0553 IMG_0554 IMG_0555 IMG_0556 IMG_0557 IMG_0558 IMG_0559 IMG_0560 IMG_0561 IMG_0562 IMG_0563 IMG_0564 IMG_0565 IMG_0566 IMG_0567

 

 

 

 

CONTACT US TODAY!!!

 

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