2 Bed, 2 Bath Condominium
Buy & Hold
We purchased this 2 bedroom, 2 bathroom condominium on the south side of Mansfield, OH in November 2023. We replaced the 30-year old hot water space heat furnace with a 2T heat pump, bought new appliances (stove, fridge, washer, dryer), replaced the roof, and made a few other minor repairs throughout the house. We partnered with an investor for this deal.
Financials
Purchase Price: $162,450
Repairs & New Appliances: $17,198
Cash invested: $64,681
Cash-on-cash return: 10%
