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Price: $70,000

2037 Broadway St, Toledo OH

Solid Section 8 property located in the South End of Toledo where there is high demand for rental properties.  Long term tenants in place at a monthly rent rate of $900.  This cash cow has been leased to the same tenants for over 2.5 years. With consistent returns and low vacancy rate this unit has been a gem!

Annual Rent: $10,800

Management fee: $1080

Annual taxes: $900

Annual insurance: $350

Net ROI: 12%