426 Dexter St, Toledo, OH 43608
For the highest returns in American rental property, it is common to go for multi-units. When a house is subdivided into 2 or more units. This 2 unit Duplex in Toledo, Ohio, produces almost $10,000 a year gross income on property that only costs $36,000.
This is a 4 bedrooms 2 Bathrooms Duplex and its fully refurbished and tenanted making it an excellent cash flow deal for investors looking for high income.
Purchase Price: $36,000
Annual Rent: $9,600
Annual taxes: $1,000
Annual Management: $960
NET INCOME: $7,140
THE NET YIELD IS THEREFORE A FANTASTIC 19.8%