Discover this great opportunity to add 4 doors to your portfolio! Currently, this property is 50% occupied and generating $1500 a month, providing immediate income, with the possibility for more! Boasting a section 8 pro forma NOI of $45k when fully leased, this propoerty has the potential to generate an annual salary worth of residual income! Ideal for seasoned or first-time investors looking to build their rental portfolio. Don't miss out!

🏠 PROPERTY DETAILS:
📍 Starr Avenue, Toledo, OH 43605 
🛏️ 8bd | 4ba (Four 2bd | 1ba)
📐 3192 sqft (~800 per unit)
💰 Purchase Price: $157k
🔨 Moderate Rehab: $45k
💰 ARV: $250k
💸 EMD: $1,500
🏦 Pro Forma Section 8: NOI $45K - ConC 22%
🏦 Pro Forma Market Rent: NOI $36K - ConC 18%
🏦 Current Rent Rates: NOI $29K - ConC 14%
🔄 EXIT ESTIMATE: $48k Equity
🏠 LTR Rates based on Section 8 Rent: $1,183 per unit
🏠 LTR Rates based on Market Rent: $950 per unit
🏡 Current Rent Rates: $750 each for 2 units
📝 Strategy 🤝🏽 Buy and Hold
💪🏽 Let’s close! 

Buyers to perform their own due dilligence

🐺 Chris Lemay
Acquisition Manager
e: chris@taxdeedwolfacademy.com