Homes Abroad the UK's leading guide to Holiday Homes Abroad

  • 4
  • Ohio
Price £22,371
  • title image

Property Description

GREAT DEAL!

548 Bronson, Toledo, OH 43608 is a newly renovated 4 bedroom single family home which is located in the popular La Grange district.

Built in 1914, this charming property totals 1,549 square foot plus a garage of 352 square foot on a lot of 4,000 square foot. It benefits from a good clean basement.

This is a nice property in a sought after area which is highly recommended and priced to sell now.

Section 8 tenants have signed a new lease and are currently being processed. This means the property will be tenanted prior to the closing (completion) of the sale to ensure an excellent income from day one.

Unlike most of our competitors, we take in to account all purchase costs and ongoing expenditure to give you a genuine net yield.



FINANCIAL ANALYSIS:



Sales Price: $35,000



Estimated Closing Costs: $1,000



Agency Fee: $1,500



TOTAL OUTLAY: $37,500



ANNUAL RENTAL INCOME: $8,400



OUTGOINGS:



Property Taxes: $460



Insurance: $500



Property Management: $840



TOTAL OUTGOINGS: $1,800



NET ANNUAL INCOME: $6,600



THE NET YIELD/CASH ON CASH RETURN IS THEREFORE A FANTASTIC 17.6%.



Please contact us for further information or to request a reservation form as this great opportunity will not be available for long.

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