4309 Suder Ave, Toledo Ohio 43611

4309 Suder Ave., Toledo, Ohio 43611

House Sold - Toledo Ohio

Investors Dream – Owner Financing Available!

Very nice 3 bedroom point Place home with large two car garage (staircase leading to additional storage above). First floor laundry/utility room. Living room and den/family room. Fenced in yard too. Good sized remodeled kitchen. Free built in dishwasher included. Also has additional/attic storage in house. Currently occupied by a solid tenant.

Characteristics

Bedrooms:          3 beds

Bathrooms:         1 bath

Single Family:     1,056 sq. ft.

Lot Size:               12,700 sq. ft.

Year Built:            1950

Stories:                 2 with Attic/Basement

Parking:                Detached Garage

Price

$50,000

Income (numbers are based on an annual basis and current rental amount)         

$7,800 ($650 month)

Expense         

$1,799  Mortgage (50% down)

$1,340   Taxes

$620      Insurance

$390      Maintenance (5%)

$390      Vacancy (5%)

$624      Management @ 8%

Net Income                             Cash-on-Cash Return           

$2,637 ($219.75 Monthly)                            10.5%

Owner will finance for 5 years with 50% down at 6% P&I amortized over 30 years.

*All information provided is approximate and should be verified by the purchaser. There are no guarantees information is accurate.

**ROI is determined by cash flow, market appreciation, tax savings, principal pay down, and rental income. Past performance is no guarantee of future results and individual results may vary. The information and any statistical data contained herein have been obtained from sources which we believe to be reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. All opinions expressed and data provided herein are subject to change without notice. Past performance is no guarantee of future results, and current performance may be lower or higher than the performance data quoted. Results shown here are not typical, results will vary based upon real estate prices, interest rates, creditworthiness and many other factors. All information provided is approximate and should be verified by the purchaser. There are no guarantees information is accurate.