SOLD ALREADY. $33,000 Tenanted TOLEDO Home Let To Section 8 Tenants. 17.78% Net Yield
- Price: 33000.00 $
- Bedrooms: 3
- Bathrooms: 1
- Size (M2): 131
SOLD ALREADY. 1136 E Manhattan Boulevard, Toledo, OH 43608 is a 3 bedroom single family home which is located in the popular La Grange district.
The property measures 1,416 sq. ft. on a lot of 4,100 sq.ft. It has recently been refurbished to section 8 standards and new section 8 tenants have just moved in on a renewable 12 month lease to ensure an excellent income from day one. This means your rent will be paid monthly directly by the government!
This property is priced to sell now and offers an excellent net yield of 17.78% per annum.
Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!
Purchase Price: $33,000
Closing Costs: $1,000
TOTAL OUTLAY: $34,000
RENTAL INCOME: $8,220
Property Taxes: $979
TOTAL OUTGOINGS: $2,178
NET INCOME: $6,042
THE NET YIELD IS THEREFORE A FANTASTIC 17.78%
For further information or to reserve this property, please complete the enquiry form as soon as possible.