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320 E Ward St, Urbana, OH 43078

$80,000 After Repair Value -
$40,000 Asking Price -
$20,000 Cost of Repairs =
$20,000 Potential Profit

Property Details

Asking Price $40,000

After Repair Value $80,000

Costs of Repairs $20,000

Potential Profit $20,000

Living Area 1,806 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $825

Yearly Expenses $700

Property Taxes $1,400

Net Operating Income N/A

Cap Rate N/A

Property Description

This single family home needs some work but has a long-term tenant who wants to stay!!!!! House has a huge kitchen with a basement and a first floor master bedroom. There is a living room and family room also on the first floor. Home is in need of some repairs. One half of the roof has been replaced but the other side will need repairing. Carpets need to be replaced throughout and kitchen and bathrooms need flooring replaced, paint and updates to cabinetry. The home also needs some repairs to the garage to include a new garage door. The exterior of the home needs paint too.

Repairs Needed

Partial roof repairs (one side of roof has already been replaced in 2018), Interior and exterior paint, flooring needs replaced, main bath has some mold and garage door needs replaced.


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