C AREA, Under $40k, RENT READY $900/month. Cleveland OH. 30% COC!
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4 bedroom 1 bath meticulously clean 1338 sqft. Enter into the living room with carpet and open to formal dining room with knotty pine walls and a tray ceiling. Updated large eat in kitchen with microwave, refrigerator, gas stove. 2nd floor 3 bedrooms with newer Carpet and 1 full bath. Balcony off of back bedroom. Carpet throughout. 3rd floor has large 4th bedroom with closets. Fully fenced backyard with shed and 1 car garage. Central air. Waterproofed basement offers lots of storage with washer and dryer. Alarm system.
Assuming 4.5% interest, 30 year mortgage & a 25% down payment.
- Down payment $ 39900.00
- Up Front costs $ 1000.00
- Estimated Yearly Rents $ 10,800.00
- Estimated Yearly Expenses $ 5,400.00
- Yearly Debt service $ 1,819.51
- Net cash flow after expenses & debt service $ 3,580.49
CASH ON CASH RETURN 32.6%
Contact @Federico Gutierrez. Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.
Holton-Wise Property Group - Cleveland -
Century 21 Universal - Chicago -
Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK
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*Featured properties is listed by the office/agent presenting this brochure
Keywords: Cleveland, OHIO, Passive cashflow, Parma, Tenants, Occupied, CLE, Utilities Paid