<?xml version="1.0" encoding="UTF-8"?>
<property>
  <address>10824 Bryant/9801Columbia/947 E.129</address>
  <area-in-feet type="integer" nil="true"></area-in-feet>
  <bathrooms type="integer">4</bathrooms>
  <bedrooms type="integer">6</bedrooms>
  <city>Cleveland</city>
  <country>United States</country>
  <created-on type="datetime">2009-02-03T11:09:03-05:00</created-on>
  <delta type="boolean">true</delta>
  <description>Cash flow, Equity and Property Management!!!
                    
                    6 Properties/$144K Equity/11% cap rate
                    
                    
                    &#8226;	10824 Bryant Ave. - $60K
                    &#8226;	9801 Columbia - $60K
                    &#8226;	947 E. 129th - $50K
                    &#8226;	3578 E. 113 - $65K          
                    &#8226;	1824 Chapman - $60K
                    &#8226;	968 Whitby - $60K
                    
                    
                    Package price: $315K USD
                    Five single family homes/One Duplex
                    Combined appraised Value - $489K minimum
                    Combined equity value - $144K
                    Combined gross monthly rental income: $5,374 
                    Gross Annual Income: $5,374 x 12mos = $64,488/yr
                    Cap Rate: $64,488/315,000 = 20.4% return
                    Monthly water/sewer $850/mo.
                    Monthly taxes insurance $900/mo.
                    Monthly property management; $537/mo
                    Total Expenses: $2,287/mo
                    Net monthly income: $5,374 - $2,287 = $3,087
                    Net Annual Income: $3,087 x 12mos = $37,044/yr
                    Cash on cash return: $37,044/315,000 = 11.7% return
                    
                    Call or email Alex for more info:
                    
                    Alex Price
                    alexpriceonline@gmail.com
                    216-233-4986
                    </description>
  <expires-at type="datetime">2009-03-20T12:09:03-04:00</expires-at>
  <featured type="boolean">false</featured>
  <featured-duration type="integer">30</featured-duration>
  <featured-on type="datetime" nil="true"></featured-on>
  <finished type="boolean">true</finished>
  <id type="integer">1394</id>
  <lat type="float" nil="true"></lat>
  <list-price type="integer">315000</list-price>
  <lng type="float" nil="true"></lng>
  <lot-size type="integer">0</lot-size>
  <mls nil="true"></mls>
  <name>6 Props/$144K Equity/11% cap rate</name>
  <neighborhood></neighborhood>
  <property-type-id type="integer">5</property-type-id>
  <show-on-company-page type="boolean">true</show-on-company-page>
  <slug>1394-6-props-144k-equity-11-cap-rate</slug>
  <social-user-id type="integer">10234</social-user-id>
  <state>Ohio</state>
  <status>active</status>
  <step type="integer">1</step>
  <user-gallery-id type="integer">1952</user-gallery-id>
  <user-ownership-company></user-ownership-company>
  <user-ownership-type>owner</user-ownership-type>
  <visits type="integer">458</visits>
  <year-built type="integer" nil="true"></year-built>
  <zip>44108</zip>
</property>
