Fully occupied 8-unit in East Toledo at $290K. $5,050/mo now, $6,000/mo at market, and all tenants are month-to-month so rents can be raised quickly. About 12.2% cap and 1.91 DSCR today. Updated electrical and plumbing, furnace about 7–10 years old. ARV $400K with about $33K in light cosmetic work.
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ARV $400,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $314,000.
