Montgomery County, Dayton, OH 45405
6 bd2 ba2,408 sfBuilt 1927
Gross spread$106,000
Description
The seller carries the note on this one. No bank, no hard money. Purchase price is $60,000 with $57,000 financed at $300 per month interest only, and about $9,000 gets you to the closing table. It is a vacant Dayton duplex with two 3BR/1BA units and 2025 ARV comps in the area running up to $179K. This is an assignment. Once it's gone, it's gone. Key Numbers at a Glance Purchase Price $60,000 ($30,000/door) ARV Up to $175,000 Current Rent Vacant Pro Forma Rent $2,192/month Pro Forma Cap Rate (after rehab) 14% Pro Forma NOI (after rehab) $18,840/yr Estimated Rehab $50K to $70K Cash to Close About $9,000 Seller Financing (Note Terms) The seller carries the note directly. No bank and no hard money required. Amount Financed $57,000 Monthly Payment $300/month, interest only Balloon: 3 Years, $57,000 payoff Prepayment Penalty None Buyer Costs EMD $3,000 (applied as down payment to seller at closing) Assignment Fee to FSV $6,000 Cash to Close About $9,000
Verified — contract control only
The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.
$/sqft vs market
Median of 16 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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