The Chitwood
Single Family
4
2.5
2245
Sqft
2019
$385,000
Purchase Price
$2,345
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Chitwood?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
Welcome to the Chitwood! This home is a new Yosemite open floor plan from Fischer homes, located in Providence! The Chitwood has 4 bedrooms, 2.5 bathrooms, and over 2,200 sqft! The kitchen has granite counter tops, an island, and a large eating area. The home has LVP flooring, oversized Primary bedroom with adjoining bath and walk-in closet, 2nd floor laundry, and too many upgrades to list! Enjoy your fenced in level lot from your patio with sunshade. The backyard is complete with fire pit, outdoor lights, playset, and shed!
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Cincinnati, OH
Cincinnati, a historically major industrial city, has taken on new life as it attracts entrepreneurs and the tech industry alike. With seed-stage investment firms like CincyTech backing start-ups in the midwest, new companies are compelled to make Cincinnati their home base. The University of Cincinnati is centrally located and creates a community for education, talent, and research. Located along the Ohio River directly bordering Kentucky, Cincinnatians enjoy the views and activities the river has to offer. The relatively low cost of living, abundant career opportunities, and easy access to the outdoors make Cincinnati a great city to work and play!
Common Questions
Don't Know Which Property to Choose?
Other Questions?
100%
Funded
884
Investors
$442,140
Invested