1864 Tamarack Ct S

Columbus, OH 43229
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3 bd, 3 ba | 2,246 sqft | Built in 1967

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List Price
$290,000

Initial Investment

$79,025

Purchase Price

$290,000

Down Payment

25%

Rent

$1,960

Total Return

$173,155

Annualized Return

25.3%

Cap Rate

4.8%

Gross Yield

8.1%

Cash Flow

-$2,799

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,209

HOA

None

Flood Risk

Not Required

Sprawling ranch on cul-de-sac. Well maintained 3 bedroom, 2.5 bath home with fenced yard. Spacious family room, hard wood floors, dining room and stone hearth open to sitting room and huge kitchen w/laundry. Large owner suite with updated bath plus 2 additional bedrooms and second updated full bath complete the main floor. Finished rec room and half bath in lower level plus plenty of room for storage! 2 car garage with attached workshop. Solar panels installed for efficient electricity. Close to shopping, school, library and parks.

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

Annual Financial Highlights

Expected Rent

$22,344

Expenses

-$3,977

Property Taxes

-$5,400

Loan Payments

-$15,766

Net Cash Flow

-$2,799

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:Sandy Raines
HER, Realtors
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224025909
Last Updated: 07/26/2024 15:07
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