Global Property Guide
Financial Information for the Residential Property Buyer
Townhouse
Full Description
This very large three bedroom house is listed today in the US at $35,000, we have negotiated a large discount for our clients. This property has been completely refurbished throughout and is Section 8 approved and Section 8 tenanted at $700 a month. This property is managed by one of the leading Toledo property management companies.This property is located in Southside right next to the waterfront, Southside is a great community with good local schools and great local facilities. Southside is only 10 miles from Downtown Toledo and is also very close to Scott Park University.
Investment Details
$8,400 rent a year.
$840 management fee.
$500 taxes.
$500 insurance.
= 22% net return.