1711 W 19th St
Lorain, OH 44052
List Price
$145,000
Initial Investment
$39,513Purchase Price
$145,000
Down Payment
25%
Rent
$1,180
Total Return
$52,795
Annualized Return
18.3%
Cap Rate
5.6%
Gross Yield
9.8%
Cash Flow
-$507
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
This home has been gutted down to the studs and everything is back and new. Come and see this totally updated 2 story in Lorain. There are 4 bedrooms. 3 upstairs and 1 on the ground floor. The master bedroom is huge and has its own bathroom. There is a brand new eat-in kitchen and also a separate dining area. The 2 bathrooms are all brand new. There are all new floor coverings. New carpet in all the bedrooms and living room and new luxury vinyl floors in the bathrooms, kitchen and eating areas. The furnace, hot water heater, windows, roof, doors, drywall and front porch are new. The home has been rewired and replumbed. The lot is 40 x 160 and is totally fenced in with a brand new wood privacy fence. This special home is available for immediate occupancy! All you have to do is move right in.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$13,452Expenses
-$2,976Property Taxes
-$3,100Loan Payments
-$7,883Net Cash Flow
-$507See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Fred Barck
Agent License 239663
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Agent License 239663
The Swanzer Agency
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #4490783
Last Updated: 09/19/2023 05:09
MLS #4490783
Last Updated: 09/19/2023 05:09