Hillwood Dr
Dayton, OH, 45439

1040 sq. ft., 3 bedroom / 1 bathroom

Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439
Hillwood Dr</br> Dayton, OH, 45439

Property Information

Current Status Occupied
Lease Start Date 05/01/2023
Lease End Date 04/30/2024
Utilities Paid by Tenant
Initial Investment* $40,800

*Includes down payment plus $3,000 of closing costs

Purchase Price $175,000

Current Rent $1,695
Cap Rate 9%
Cash on Cash Return* 33%
Net Cash Flow Per Month* $284

*Assuming 20% down with a loan at 2PTS + 7.25% interest for 30 years. Including equity build up and 3% appreciation per year.

About This Property

This inviting 3-bedroom, 1-bathroom home, set in a serene neighborhood, has been beautifully transformed, offering modern comfort and style. The centerpiece of its renovation is the completely refurbished bathroom, now boasting contemporary fittings and an elegant finish. The kitchen is another highlight, featuring new countertops and state-of-the-art stainless steel appliances. Throughout the home, fresh paint and new flooring add to the welcoming ambiance. The spacious living room, along with a master bedroom that includes two closets, and two additional well-sized bedrooms, provide ample space.

Renovations include:
Updated kitchen with new countertops and appliances, new flooring throughout, refurbished bathroom, new paint throughout, new interior doors.

This home is being marketed for a FlipSystem Partner.

Financing Options

MartelTurnkey has partnered with some of the top lenders that provide a wide range of financial solutions to meet your Rental investing needs. Talk to an Advisor to learn more or visit our partner to get pre-approved.

Property Management Company

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Investment Terms

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically once an agreement has been made and must be executed by Buyer within 24 hours of receipt.
Earnest Money Deposit (EMD) of $1,000 must be wired to the Title Company within 3 days of PSA signing.
Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.
Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 45 days of PSA execution for financing unless otherwise agreed by Buyer and Seller.
Lease Agreement: The current lease agreement will be provided to Buyer at Closing.
Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Martel TurnKey to lower transaction costs for Buyers and Sellers. Actual closing costs will be outlined on the final settlement statement.

Buying Process

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