Very nice house in the Meadowdale neighborhood where
we've had great success with rental property. This home is very spacious and has lots of updates. It has
nice vinyl siding, new windows, a roof that's about 5 years old and updated HVAC with central air conditioning, electric
and water heater. Plumbing looks to be all replaced as of 2002 and in good condition. It has a nice
deck/patio along the side of the house. The kitchen cabinets are in decent condition but would look best if replaced.
The bathroom is in great condition and just needs to be cleaned up. Five windows need to be replaced, the carpet upstairs
is in good condition so we would recommend just repacing the downstairs carpet, and a full paint job to finish the house off.
$7,000 would fully remodel
this place to look brand new. It would get you a new kitchen, fix the broken windows & storm door, replace the carpet
and vinyl on the main floor, paint the whole interior and check the furnace, water heater and plumbing fixtures.
This home sits in the quiet
Meadowdale neighborhood in north Dayton. It is close to Turner Rd and Salem Ave 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: $45
Gross Rental Income:
$625
Total Expenses: $150
Net Cashflow: $475
*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 .
