- 2985 Jackson Ave Ogden, Utah 84403
- 714-538-5844
- invest@dis.fund
- https://invest.dis.fund/home
2985 Jackson Ave Ogden, Utah
Acquisition
- Purchase price: $200,000.00
- Debt: $0
- Gross Scheduled Rents: $1,650
- Annual Taxes: $2820.00
- Property management: 8%
- NOI: $1,196.00
- Cash on Cash: 7.7%
Property Description
- Subject is brick construction 2 unit property. One unit features 3 bedrooms and 1 bathrooms, the 2nd unit is a 2 bedroom 1 bathroom.
Rents
Rents are at below fair market value and tenants pay all utilties
Strategy
This property is performing well at current rents, although rents are below market. The property does have some deferred maintenance, after tenants vacate the units will be rehabbed to increase rents. Purchase price was well below market, per redfin current market value is $236,000.
