Very nice house in the Salem Village neighborhood
of Trotwood where we've had great success with rental property. This home is cozy and will look great
with a few simple updates. It has aluminum siding, newer plumbing and water heater, a roof that's mid-life
and central air conditioning. It sits on a great corner lot. The kitchen cabinets could be painted but would
look best if replaced. The bathroom needs a new toilet and vanity/medicine cabinet but the shower just needs to be cleaned
up. The windows are old and need to be replaced, the flooring is in bad shape, and a full paint job to finish the house
off.
Our contractor's estimate
to would fully remodel this place is $6,370. It would get you a spiffed up kitchen, new windows and storm
doors, replace the carpet and vinyl, paint the whole interior, give you nice looking bathroom, recap the blacktop driveway
and make the landscaping appealing.
This home sits in the
quiet Salem Village neighborhood north west of Dayton in Trotwood. It is close to Turner Rd and
the 49 Connector for easy access to downtown Dayton or Trotwood. This home will rent for $625 per
month with the tenants paying all utilities. Check out the numbers:
Taxes: $105
Insurance: $40
Gross Rental Income:
$625
Total Expenses: $145
Net Cashflow: $480
*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 provided. Also 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 .