95 N 31st St

Newark, OH 43055
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4 bd, 3 ba | 2,596 sqft | Built in 1933

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List Price
$310,000

Initial Investment

$84,475

Purchase Price

$310,000

Down Payment

25%

Rent

$2,210

Total Return

$176,491

Annualized Return

25.4%

Cap Rate

5.7%

Gross Yield

8.6%

Cash Flow

-$244

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,520

HOA

None

Flood Risk

Not Required

Old town charmer located near the country club. Large two-story home just awaiting your finishing touches. Lots of square footage for the money. Home is ready for a new owner to move in, finish, and enjoy.

See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$25,194

Expenses

-$4,485

Property Taxes

-$4,100

Loan Payments

-$16,853

Net Cash Flow

-$244

See 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:Harold Martin
Doug Smith Realty & Auction Co
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224009393
Last Updated: 04/01/2024 17:04
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