<?xml version="1.0" encoding="UTF-8"?>
<property>
  <address>1536-38 Belmar</address>
  <area-in-feet type="integer" nil="true"></area-in-feet>
  <bathrooms type="integer">0</bathrooms>
  <bedrooms type="integer">0</bedrooms>
  <city>Cleveland</city>
  <country>United States</country>
  <created-on type="datetime">2008-08-26T20:36:48-04:00</created-on>
  <delta type="boolean">true</delta>
  <description>This property is 2 units (upstairs and downstairs), rehabbed less than one year age and has the following: new roof, new furnace, plumbing, paint, hot water tank, existing tenants in both units, upstairs unit is a sec. 8 tenant and $32,000 in equity.
              
              This property is perfect for investors who want to make money instantly and easily! Property comes with property management so that the investor is worry free.
              
              
              Appraised value - $97K
              
              Taxes 600/yr
              Insurance 500/yr
              Water &amp; Sewer 800/yr
              Total 1900/yr
              
              
              Income: $1,350 x 12mos = $16,200/yr
              Net Income = $16,200 - $1,900 = $14,300
              
              Annual return: $11,300/65,000 = 22% return
              
              
              MAKE AN OFFER$$
              
              More great investment properties available
              Email for more info on package deal!
              
              
              
              
              
              
              
              
              
              </description>
  <expires-at type="datetime">2008-10-10T20:36:48-04:00</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">496</id>
  <lat type="float" nil="true"></lat>
  <list-price type="integer">70000</list-price>
  <lng type="float" nil="true"></lng>
  <lot-size type="integer">0</lot-size>
  <mls nil="true"></mls>
  <name>Duplex with cash flow</name>
  <neighborhood>Cleveland/Cleveland Heights</neighborhood>
  <property-type-id type="integer">6</property-type-id>
  <show-on-company-page type="boolean">true</show-on-company-page>
  <slug>496-duplex-with-cash-flow</slug>
  <social-user-id type="integer">10234</social-user-id>
  <state>Alabama</state>
  <status>active</status>
  <step type="integer">1</step>
  <user-gallery-id type="integer">620</user-gallery-id>
  <user-ownership-company></user-ownership-company>
  <user-ownership-type>owner</user-ownership-type>
  <visits type="integer">763</visits>
  <year-built type="integer" nil="true"></year-built>
  <zip>44118</zip>
</property>
