Income Returns: 7379 Oakhill Rd, Oakhill Ohio

 


This property was purchased in 2019 for $47,500. Over the lifespan of this investment, we put approx $18,000 into rehab and improvements.

The property was originally leased in December 2019 to the first tenant, who stayed 19 months. The second tenant moved in during July 2021 has been there every sense 60 Months. The lease amount has been lifted over the 6 years.

Now let’s look at the net rental numbers after taxes, insurance, and property management:

2019  $1,012

2020: $5,585
2021: $5,300
2022: $8,923
2023: $10,903
2024: $10,687
2025: $10,646
2026: $6,834

Total Net Rental Return: $54,590

Today, this property is worth approximately $150,000

Estimated sale breakdown:

Appox Value: $150,000
Less closing costs: $10,000
Less future updates: $25,000
Original purchase + rehab basis: $115,000

Equity = $115,000-$65,000= $50,000 + Net Rental Income $54,590= $104,590

That creates a strong equity and income position for the investor.

When you combine the net rental income with the equity growth, this property has produced approximately $104,590 in total value and return, which is around an 19% annualized return.

This is what we do for our clients.

We work hard to make sure these properties prosper for their bank accounts — not ours. From purchasing, rehabbing, leasing, managing, and keeping tenants in place long-term, our system is built around investor success.

Need that kind of real estate service?

This is all we do.

Call us and we’ll get you going.

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