Real Estate Investors Association of Greater Cincinnati


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:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
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.

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Real Estate Investors Association of Greater Cincinnati

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

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