120 Cleveland Ave
Lancaster, OH 43130
List Price
$214,000
Initial Investment
$58,315Purchase Price
$214,000
Down Payment
25%
Rent
$1,450
Total Return
$112,935
Annualized Return
24.2%
Cap Rate
5.7%
Gross Yield
8.1%
Cash Flow
$3
Appreciation
9.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
29,621
HOA
None
Flood Risk
Not Required
Imagine having a park-like setting for your backyard. Here's your opportunity to have almost three-quarters of an acre inside the city limits. You can raise your own chickens, plant a large garden and still have plenty of room for pets and children to romp and play inside the fenced yard. The first-floor laundry room and adorable mudroom are additional spaces not typically found in older homes. An extra-large first floor bedroom, a spacious kitchen and an adjacent dining room create convenience and functionality. Qualifies for USDA financing OPEN HOUSE Saturday, October 19, 2024 1:00-3:00pm
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$16,530Expenses
-$2,942Property Taxes
-$1,950Loan Payments
-$11,634Net Cash Flow
$3See 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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SourceColumbus and Central Ohio Regional MLS
MLS #224036862
Last Updated: 12/24/2024 16:12
MLS #224036862
Last Updated: 12/24/2024 16:12