112 Wolfe Craft Dr SW

Etna, OH 43068
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3 bd, 2 ba | 1,440 sqft | Built in 1971

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List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,840

Total Return

$99,890

Annualized Return

34.6%

Cap Rate

9.3%

Gross Yield

17.0%

Cash Flow

$3,993

Appreciation

10.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Calling all investors, contractors and flippers. This home has a ton of potential but will need an full rehab. Will need to be cash or hard money financing only. The home sits on over an acre of land, on a very quiet street. It has 3 beds and 2 full baths, and a partial basement with a crawl space. There is an attached garage on the rear of the home that is large enough for roughly 4 vehicles with room to spare, and another detached garage with at least 6 vehicles of space. The two garages total almost another 2,000 sq ft! On city water and sewer. This is property is as is where is, and buyer will be responsible for the contents inside and outside of the home.

See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$20,976

Expenses

-$5,621

Property Taxes

-$4,300

Loan Payments

-$7,062

Net Cash Flow

$3,993

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Kimberly Wemlinger
HER, REALTORS
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224025840
Last Updated: 07/26/2024 11:07
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