Nicely Located on a Corner Lot Updated Home – 18.6% Annual ROI

Asking $ 194,000
  • Don’t miss this opportunity to buy an updated, move-in-ready home for under 200K.
  • This home has been a successful rental property leased at $1425/month.
  • The current lease is to expire on 7/31/23.
  • Significant renovations occurred in 2021 including floors, kitchen, and baths.
  • The roof was replaced in 2018 and new central heat and air in 2020.
  • The generous single-story floor plan, large yard, and 2-year-old deck provide plenty of elbow room inside and out.
  • Great opportunity for homebuyers or investors.
  • Showings are scheduled after the accepted offer.
  • Updated On:
  • January 24, 2024
Property Id : 59733
Price: Asking $ 194,000
Property Size: 1,614.00 ft2
Property Lot Size: 10,890.00 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 2
Year Built: 1930
External Construction: Aluminum Siding
Roofing: Asphalt
Rent (mo): 1525
ROI (ann): 18.6%
Cashflow (mo): 205
Property Taxes (mo): 45
Insurance (mo): 135
Repairs (mo): 75
Management Fee (mo): 118
Leasing Fee (ann): 369
HOA (mo): 0
Vacancy Rate (ann): 4
Other Features
back yard
deck
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 1,162.16
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 919.66

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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