267 Elgin Ave

Toledo, OH 43605
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2 bd, 1 ba | 978 sqft | Built in 1892

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List Price
$49,000

Initial Investment

$48,561

Purchase Price

$45,000

Down Payment

100%

Rent

$795

Total Return

$30,515

Annualized Return

11.8%

Cap Rate

10.6%

Gross Yield

21.2%

Cash Flow

$4,218

Appreciation

5.5%
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Features

Occupancy

Occupied

Lease Start

03/15/2020

Lease End

02/27/2021

Lot Size

2,700

HOA

None

Flood Risk

Not Required

  • May rent paid, see ledger in diligence vault

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Annual Financial Highlights

Expected Rent

$9,063

Expenses

-$3,445

Property Taxes

-$1,400

Loan Payments

$0

Net Cash Flow

$4,218

See more in Financials

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