LOW COST



Single Family Rental w/ Equity


Youngstown, OH


ALL CASH DEAL


11.8% Cap Rate

15% Equity Margin

Front View

Rear View


525 Samuel Ave, Youngstown, OH 44502


Strong Cash Flow


Solid Equity After Repairs


Low Cost Project


Good Bones


1 Car Detached Garage


Vacant at Closing


ONE STOP SHOP - We Do The Heavy Lifting


*Full picture link and CMA below*






Property Description



2Bed/1Bath

House: 1,040 sqft

Lot: 5,619 sqft






Cash Price


68k all-in

(includes property + rehab on SOW + our fee)


Does not account for:


closing costs

holding costs


(variables outside of our control)






ARV Projection


80k


CMA attached in link below








Equity Projection

12k (15%)







Market Rent Projection

$1,000/mo

exceeds 1% rule







Buy & Hold Projections


GOI: $12,000

Taxes: $378

Insurance: ~ $600

PM (10%): $1,200

Maintenance Buffer (10%): $1,200

Vacancy Buffer (5%): $600

Total Expenses: $3,978

NOI: $8,022

Cap Rate: 11.8%









Renovations Timeline Estimate


6 weeks







SCOPE OF WORK



Interior:


New interior paint throughout

New flooring where needed

Replace window glass as needed (remove boards)

Replace lighting as needed

Add kitchen appliances

Smoke/CO2 detectors

Outlets/switches/covers/GFCIs as needed






Prudent Advice


Set aside some funds for incidentals, just in case (we recommend 10% of the purchase price of the property). Owning a rental property is like owning a car (except you're letting someone else use it). Things can happen and repairs can become necessary unexpectedly. Your property is your responsibility. Although we do our best to thoroughly vet properties, we cannot always ensure that we will find every issue. Until a property/unit is tenant occupied, we cannot foresee everything. Real estate investing is not a perfect science.


Neighborhood Pictures

Front Street View

Right View

Left View

Across Street View


Community Description

Youngstown is a town in Ohio with a population of 59,605. Youngstown is in Mahoning County. Living in Youngstown offers residents a sparse suburban feel and most residents own their homes. In Youngstown there are a lot of bars, restaurants, coffee shops, and parks. Many families live in Youngstown and residents tend to lean liberal.




Most Recent Testimonial


It is my pleasure to stress how much of an amazing experience I have had working with Investmint Properties LLC. Amie and her team have been extremely helpful and vital in my business’s growth through their amazing evaluation and management of my properties. I have been working with the company for over a year and have purchased several properties that Amie and her team sold to me and successfully manages.

 

As an out of state investor it is hard to find a company you can trust to lead the way while you grow your portfolio. Amie took it upon herself to walk me through the process and put me at ease for each transaction. The peace of mind that this company provides is extremely valuable. Through Amie’s approach and involvement, we have established an amazing partnership that I truly appreciate.


-Rashad C

Las Vegas, NV





WANT THIS PROPERTY?

HERE ARE DETAILS TO HELP YOU!



INFO NEEDED FOR TITLE

PERSONAL NAME


OR


LLC NAME


PLEASE INCLUDE THE FOLLOWING IF

PURCHASED IN YOUR LLC



  1. Operating Agreements
  2. Article of Organization
  3. Certificate of Good Standing
  4. EIN#
  5. Your Contact Information




OUR PROCESS

PURCHASE AGREEMENT IS TO BE SIGNED AND FUNDS WIRED WITHIN 24 TO 48 HOURS. THESE LOW COST PROPERTIES COME IN QUICKLY AND GO OUT QUICKLY. UNFORTUNATELY

WE CANNOT HOLD ONTO A PROPERTY.


ONCE WE RECEIVE YOUR SIGNED DOCUMENTS AND FUNDS ARE WIRED, WE FORWARD EVERYTHING TO TITLE.


THE TITLE WILL BE TRANSFERRED INTO YOUR NAME.


WHILE TITLE IS WORKING ON YOUR CLOSING DOCS, INVESTMINT PROPERTIES WILL EMAIL YOU AN INVITATION INTO A PROGRAM CALLED, "MONDAY". THIS IS WHERE YOU WILL RECEIVE ALL YOUR PROPERTY UPDATES, COMMUNICATE WITH THE EXECUTIVE TEAM AND BE ABLE TO TRACK ALL PROGRESS ON YOUR PROPERTY. THIS ALLOWS THE ENTIRE TEAM TO BE ON THE SAME PAGE AND HAVE ACCESS TO THE MOST UP TO DATE INFORMATION ON YOUR PROPERTY.



ONCE YOU HAVE CLOSED ON THE PROPERTY WE WILL HAVE YOU SET UP THE UTILITIES FOR THE RENOVATIONS TO BEGIN.


IT IS OUR GOAL TO MAKE SURE YOU AS THE INVESTOR IS IN THE KNOW EVERY STEP OF THE WAY.




We look forward to working with you!


Amie Lindvall

CEO - Investmint Properties, LLC

http://www.investmintproperties.com/


TESTIMONIALS

"I am so glad my friend introduced me to the Investmint team. They are very professional, communicative, and will ensure your expectations are met. They handled everything and made it easy for me to invest in real estate. I am excited to continue this journey with the team and look forward to the next deal."


-Z. Hu

California



"I can't emphasize enough how amazing it has been to work with Amie and her team. They streamline the fix-and-flip process from start to finish and make it as efficient as possible to the point where it's truly a passive investment for us as out-of-state investors. More importantly, her team's communication is top-notch and they always go the extra mile. We just acquired our fourth property with InvestMint Properties and are excited to buy more."


-Nick E

Colorado



"Working with you guys was ABSOLUTELY seamless and a breath of fresh air. I would love to connect others to the business opportunities and platform that you guys have. Thank you!"


- Nathaniel H

Washington



"I was skeptical when I first heard about Investmint. But long distance real estate investing is the way to go. I was able to trust in the expertise of the company and rely on them to know the area, which renovations add value and how to best market and sell the home quickly. They took care of everything. No headache, no decision making. I would recommend Investmint to anyone who wants to get involved in real estate investing. It doesn't take as much money as you think and it's very profitable. I can't wait to do work with them again."


- Michael P

Arizona



"Working with the team at Investmint Properties has been a great experience! They know the market and have been spot on with each of my properties. They make the process easy and communication is excellent! They truly care about you and strive to make your investment successful. Highly recommend!"


-Sherri K

Orange County, California



"As a full-time employee, full-time dad and husband, and a part-time entrepreneur, I don’t have time to be a full-time real estate investor. I’ve interviewed and purchased from several real estate service providers out of state with mixed results. The toughest part of being an out of state investor is trust. I can genuinely say that I can trust Amie and Amanda. Amie and Amanda are real partners who won’t turn their back on you when things get tough. They put their customers before their profit, which is rare in this business. I will invest with them for many years to come."


-Nate P.

Denver, Colorado



“Amie and her team at Investmint Properties have been absolutely wonderful to do business with. They are extremely professional and diligent with their work. As investors, it is so important to have trust and feel completely comfortable and confident working with a company on out of state investments. Amie and her team check all the boxes when it comes to being trustworthy and reputable. We are so happy to continue to work with them and follow their guidance on our investment needs!” 


-Jesse D.

San Diego, California



“We are proud to announce that we have partnered with InvestMint Properties! Amie is amazing at what she does and will be a huge asset to our clients. We will be collaborating in markets that we are both in as well as opening up brand new markets!”


-Mike McCulley & Randal Polse

Phoenix, Arizona, Spartan Property Group



“Amie is the real deal. We have worked with her before in PA and will again.”

-Keith G.

Nashville, Tennessee