1015 COTTAGE ST, ASHLAND, OH 44805Located in Ashland, OH this 1,221 sqft single family house is ready for a face lift. This 3 bedroom/ 1 bathroom cutie is in a great area of Ashland and is in the Ashland City School District. The property needs interior updating. See pictures for more details. Contact us for showings at (215) 315-3839If you are looking to buy and hold as a rental property then below is some analysis:Rental Property Analysis Purchase Price: $19,900 Total Estimated Repairs: $15,000 Reinstatement Costs: $0 Transfer Tax: $80 Closing Costs (sale): $398Buyer's initial cost: $35,378 Monthly Rental Income: $550Vacancy: $55Taxes: $92HOA Fees: $0Insurance: $67Property Management: $0Utilities: $0Repairs: $55Net Operating Income: $282 Annual cash return: 9.6%Occupancy: vacantLayout: ConventionalSq Footage: 1,221Year Built: 1901Comparable Sales COMPS Address Br/Ba Sq Ft Year Price Sold Date Distance963 Township Road 823 2/1 1,676 1901 $72,000 06/30/2014 0.37 mi101 12 Th St 2/1 1,100 1967 $55,100 06/13/2014 0.13 mi712 Arch St 2/1 1,680 1901 $36,000 08/13/2014 0.23 mi863 Scott St 2/1 1,712 1901 $62,000 08/13/2014 0.47 miCall us for Access:215-315-3839
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