Off Market Ohio DealsOff Market Ohio Deals
🏡 Huge rental potential — (section-8 tenant in place)
Highlights:
Financials:
ARV – $157,500 based on the 1% Rule:
CMHA approved a rent of $1,575/month and we already have a tenant for $1,750 / month, this property aligns perfectly with the 1% rule, supporting an estimated ARV of $157,500+
20% down cash flow yield: (($1,750 × 12 × (1 - 0.40)) - ($84,000 × .07)) ÷ ($105,000 × 0.20) = 32% cash flow yield with 20% down @ 7% loan with 40% expense ratio.
Unlevered cash flow yield:
Cashflow:Current tenant: (1750*12*.6)/100,000*100 = 12.6% Cash Yield
CMHA approved rent: (1575*12*.6)/100,000*100 = 11.34% Cash Yield
Property Access: Available for visits.
📸 Photos: View Property Pictures
 web.jpg)
 NS copy.jpg)
