💥ATTENTION INVESTORS💥

Cincinnati, OH 45206 📍

8 Unit Apartment 

Turnkey fully occiuped 8 Unit Seller Financing deal Available at 0% Interest!

Total Purchase Price: $925,000

Down Payment: $200,000 + CC + TC

0% Interest!

Net Income After Expenses every month: $2,026

12% CoC Return, Potential to increase rent to $750/month for 1/1 and $1,100/month for 2/1, increasing CoC return to 18%

COE: 08/15/2024

🏡 Property Details

• • 14 beds, 8 baths
  • 5,600 sqft
  • Two 1 Bd 1 Br apartments
  • Six 2 Bd 1 Br apartments

    Property financials 🏘️

    • Total Purchase Price: $925,000
    • Down Payment: $200,000 + closing costs (CC) + transaction coordnatior (TC)
    • 0% Interest
    • 5-year balloon with the option to extend if the property doesn’t appraise at 75% loan-to-value (LTV)
    • 30-year amortization
    • $2,013.89 Principal payment to the seller
    • Taxes: $657/month
    • Insurance: $253/month
    • Total monthly payment: $2,923.89

Rents 🏘️

• 1/1 - $650 a mo on a 12 month lease
  
• 1/1 - $650 a mo on a Month to Month
  
• 2/1 - $825 a mo on a Month to Month
  
• 2/1 - $860 a mo on a 12 month lease
  
• 2/1 - $865 a mo on a 12 month lease
  
• 2/1 - $950 a mo on a 12 month lease
  
• 2/1 - $990 a mo on a 12 month lease
  
• 2/1 - $995 a mo on a 6 month lease

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