Live Rent-Free in Columbus Ohio: How This House Hack Built $50K Equity 💰
Автор: Jimmy Lieu, Columbus Ohio REALTOR®
Загружено: 2026-02-11
Просмотров: 82
Описание:
In this real estate investment case study, I break down an incredible house hacking deal in Columbus, OH that checks all the boxes - low down payment, built-in equity, and strong cash flow potential!
Property Details:
✅ Purchase Price: $195,000 (with $2,000 seller concessions)
✅ 3 bed, 1.5 bath → Converting to 4 bed, 2 bath
✅ Only 3% down payment required for house hack
✅ $8,000-$10,000 renovation budget to finish basement
✅ ARV: $260,000-$270,000 ($40,000-$50,000 in built-in equity!)
Investment Performance:
💰 Monthly Rent: $2,000 (hits the 1% rule)
💰 Monthly Cash Flow: $356/month ($4,283/year)
💰 Cash on Cash Return: 10%
💰 Cap Rate: 8.26%
💰 IRR: 25%
This property is perfect for investors looking to house hack in Columbus, live rent-free while building equity, then convert to a long-term rental property. The numbers work with conventional 20% down financing, and the location is in a solid neighborhood with great comps.
Topics Covered:
✅ House hacking strategy in Columbus, Ohio
✅ Real estate investment deal analysis
✅ How to find rental properties that cash flow
✅ Buy and hold investment property breakdown
✅ Columbus Ohio real estate market
✅ Basement conversion for maximum ROI
✅ Rental property financial analysis
✅ Long-term rental investment strategy
Looking for your next investment property in Columbus, OH? I've helped investors close over 150 real estate transactions. Let me help you find deals that actually cash flow! 📞
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1️⃣ Interested in working with me? Schedule a call with me here:
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2️⃣ Have questions? Please connect with me:
📲: 614.300.7535
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