Great Buy $ Hold

424 Lawn Ave NW, Canton, OH 44708

$51,000 After Repair Value -
$21,500 Asking Price -
$8,000 Cost of Repairs =
$21,500 Potential Profit

Property Details

Asking Price $21,500

After Repair Value $51,000

Costs of Repairs $8,000

Potential Profit $21,500

Living Area 1890 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income N/A

Yearly Expenses $483

Property Taxes N/A

Net Operating Income $625

Cap Rate N/A

Property Description

Two Bedroom; One Bath; 1,890 Square FeetBuilt in 1890Buy & Hold with EquityNewer Furnace Only 5 years oldPartial New Roof Less than 5 yearsDetached Garage 240 square feetNewer SidingRecent nearby sales 25k-59k NOT rehabbedARV/ Market Value $51,000 42% of ARV/ Market ValuePrice $21,500 Punch Out/Rehab $ 8,000Closing Costs $ 1,890Monthly Rent $ 625Cash on Cash Return 23.8%Expenses/ MonthlyTaxes $40.26Utilities Tenant PaysInsurance $45.00Monthly Net Profit Projection: $539.74

Repairs Needed

Cosmetics

CONTACT LISTING OWNER

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 424 Lawn Ave NW, Canton OH

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (12)

Hundreds of properties in Ohio! Check Deals in Ohio