8420 Plain City Georgesville Rd NE
Plain City, OH 43064
List Price
$89,000
$20.9K
Initial Investment
$24,253Purchase Price
$89,000
Down Payment
25%
Rent
$1,010
Total Return
$60,178
Annualized Return
31.4%
Cap Rate
8.8%
Gross Yield
13.6%
Cash Flow
$2,314
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Great investment opportunity in the Plain City area! Johnathan Alder schools. This is a cinder block house, solid as a tank! It's a blank slate inside! Would be a really cute ''tiny home'' once the inside is finished out! Newer roof, rebuilt chimney for woodburner, vinyl windows, exterior doors & storm door on front, rear addition, electric panel. 3 parcels total nearly 1/4 acre lot. Sold as is to settle an estate. Contingent upon probate court approval. Cash buyers only!
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$11,514Expenses
-$2,811Property Taxes
-$1,550Loan Payments
-$4,839Net Cash Flow
$2,314See 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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SourceColumbus and Central Ohio Regional MLS
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Last Updated: 05/15/2024 12:05
MLS #224010933
Last Updated: 05/15/2024 12:05