🏠30k Westside Youngstown 15% ROI Rental

Mahoning County, Youngstown, OH, 44509
Sold
Listed at: April 28th, 2023
Price
$30,000
ARV
$73,000
Gross Margin
$43,000
Sq. Footage
708
Type
Single-Family
Parking
Attached Garage
Year build
1915
Lot size
0.13 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

260 Bouquet Ave Youngstown Ohio 44509

Rental, BRRR, Flip

2 Bed/2 Bath 708 Sq Ft

Starting Price: $30,000

Buy it Now: $35,000

Offer Deadline: Thursday May 4th 5pm


Buy & Hold

Annual Net Cash Flow: $7,900-$8,500

Cash on Cash Return: 15%-16%

Starting Price: $30,000

Repair Estimate: $23,850

All in: $53,850

Rent Range: $750-$800

-Rentometer Report

Taxes: $303

Insurance: $800

ARV: $73,000

Equity Created: $19,150


BRRR/Rental

Annual Cash Flow: $3,750-$4,350

Equity Created: $19,150

Cash Out at Refi: $900 bucks

Buy it: $30,000

Repair Estimate: $23,850

Rent Range: $750-$800

-Rentometer Report

Refinance 75% LTV: $54,750

All in Cost: $53,850

ARV: $73,000

Estimated Mortgage: $437

-Mortgage Calculator


Fix & Flip

Starting Price: $30,000

Repairs/Holding Cost: $23,850

ARV: $73,000

Potential Profit: $13,350 (see Deal Analyzer)

No Realtor fees: $17,700


Due Diligence Links:

πŸ’₯Click Link: Property Pictures & Videos- Areas of Concern & Property Features

πŸ’₯Click Link: Comparable Properties

πŸ’₯Click Link: Comparable Properties Video Overview

πŸ’₯Click Link: Deal Analyzer- Projected Profit & Deal Expenses

πŸ’₯Click Link: Repair Estimate / Preliminary Scope of Work - Cost of Repairs

πŸ’₯Clink Link: Deal Overview Video - Discussing the Best Exit Strategy and the Property 


Call/text Nathan at 330.302.1930 if you’re interested in this deal, set up a showing or to make an offer. Offer deadline is Thursday May 4th at 5pm. Cash sale only

Deals@HometownFixerUpper.com


We hold an assignable purchase agreement to the following property


Occupancy:

Vacant with a Lockbox


Join our Buyer's List


All Deals available Hometown Fixer Upper:

Contracts Available from Hometown Fixer Upper - Google Sheets

Videos

1st Floor Video

Bouquet Exterior

Bouquet Basement Video

Bouquet Upstairs

Bouquet Bathroom Sink Leak

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nathan Bibb

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