Real Estate Investors Association of Greater Cincinnati

Menu

3634 Borden St, Cincinnati, OH 45223

Property Status: Available (Wholesale) | For Sale: $12,500.00


2 Bedrooms / 2 Baths / Multiple Family


Property Photos


Who Wants This Annual 10.2% ROI?


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $12,500.00
Property Details:
Property Style:
2-Story
Year Built:
1909
Finished Sq Ft:
1,640
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
R and D Solutions Group LLC
(513) 290-1437

View on Individual's Website
I have a sales contract on this house. The whole house could rent for $800/mon. Using the 1.5% rental rule, $800/mon. x 66 = $52,800 rental value. Assuming $35,000 for repair and other costs, this is a good deal for $12,000. If your cash flow is $400/mon. (50% of $800), you would have $4,800 ($400x12)/$47,000 ($35k repair and other costs + $12k purchase) or 10.2% annual ROI.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Real Estate Investors Association of Greater Cincinnati is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Real Estate Investors Association of Greater Cincinnati

3707 Warsaw Avenue
Cincinnati, OH 45205
(513) 407-3137

Proud Affiliate Member of Think Realty

Follow Us


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer

www.CincinnatiREIA.com  (Real Estate Investors Association of Greater Cincinnati) does not give legal, tax, economic, or investment advice. REIAGC disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2019 © Real Estate Investors Association of Greater Cincinnati  All rights reserved.

This REIA Website is powered by: Real Estate Promo.