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Realtors - We Co'op

Sales Price: $14,150
 
Estimated Repairs: $8,000
After Repair Value: $50,000
(Tax assessed for $58,000)
Equity: $25,000+


Hidden Gem - Unbelievable Great Room!

This is a great property in the northern neighborhood of Dayton called Northridge.  This home looks small from the outside but contains 1,200 sqft and has vaulted ceilings in a spectacular great room!  It has 3 nice sized bedrooms, a nice kitchen, 1 bathroom that needs a little touch up, central a/c and updated electric and water heater.  The carpet needs to be replaced along with the vinyl in the kitchen and bathroom.  The bathroom vanity is old and should be replaced.  It has newer windows, vinyl siding and a roof that has plenty of life.  It has a fantastic back yard with a large shed.  Paint, carpet, some drywall work and minor touch up will get this place in great shape.

This home sits on a quiet street and is close to Dixie and Needmore for easy access to downtown Dayton and I-75.  This home will rent for $600-625 per month and tenants paying all utilities.  Check out the numbers:

   

Taxes: $126
Insurance: $40 

Gross Rental Income:  $625
Total Expenses:  $166
Net Cashflow: $459

*assuming a cash purchase

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Please note that all information provided is the opinion of the RPG Investment Services Team based on our real world experience as real estate investors. We do our best to give you an honest investment analysis, however, we stress the importance of doing your own due diligence before pursuing any investment decisions and consulting with appropriate professionals for financial, legal, or other needed advice.  We do not always walk through these properties but instead have reputable contractors do the inspection and repair estimates for us.  Revival Property Group, RPG Investment Services, the owners, and their affiliates assume no liability or responsibility for any errors or omissions in the information provided.  Furthermore, information provided does not render any legal, accounting, or other professional advice, nor is it intended to explain fully all of the provisions or exclusions of the relevant laws, regulations, and rulings pertaining to the information providedAlso note that Brad Boehmke, a principle member in Revival Property Group, LLC and RPG Investment Services, is a licensed agent in the state of Ohio and his license is held by Comtech Realty, LLC.  The opinions of Revival Property Group, LLC and RPG Investment Services, LLC do not represent the opinions of Comtech Realty, LLC .


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