Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This huge four bedroom house was only built in 1998 in a great housing estate full of new built properties. Since then the property has been refurbished to a Section 8 standard including new carpets and paint and an updated kitchen and bathroom. There is a new Section 8 tenant in place and the rent is $770 a month, this rent is paid by the US government. This property is managed by one of the leading Toledo property management companies.This property is located in Warren Sherman, which is one of the best neighbourhoods in Toledo. This area is know for its new housing estates and new apartment blocks. It is also ideally located just a few miles outside Downtown Toledo so it is very close to everything.

 

Investment Details

 

$9,240 rent a year.
$924 management fee.
$800 taxes.
$400 insurance.
= 17% net return.

Key Information

Property ID: 23928170
Location: USA, Ohio, Lucas County, Toledo
Categories:
  • House
  • Townhouse
Bedrooms: 4
Bathrooms: 1
Price:
  • £31,923
  • €35,450
  • $42,000
Short Description:

This huge four bedroom house is great value at $42,000 and stunning inside.