267 Elgin Ave

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

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List Price
$53,000

Initial Investment

$50,750

Purchase Price

$50,000

Down Payment

100%

Rent

$800

Total Return

$34,984

Annualized Return

12.6%

Cap Rate

9.7%

Gross Yield

19.2%

Cash Flow

$4,286

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

03/15/2020

Lease End

02/27/2021

Lot Size

2,700

HOA

None

Flood Risk

Not Required

  • Strong cap
  • No HOA
  • 3 bed, 1 bath

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$3,334

Property Taxes

-$1,500

Loan Payments

$0

Net Cash Flow

$4,286

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