James WisePoster
#4 All Forums Contributor
#4 All Forums Contributor
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They’re Underestimating Rent on This Cleveland Fourplex
James WisePoster#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
They’re Underestimating Rent on This Cleveland Fourplex
During the 2,954th episode of The MLS Search & Analysis Show, James Wise analyzes a vacant, rent-ready Cleveland fourplex that allows the buyer to avoid inherited tenants and professionally screen all four households from day one. While the seller is projecting $850 per unit, James believes Section 8 rents could reach approximately $1,050 per unit, producing $4,200 in monthly gross rent and a projected 30% return on the investor's cash. Access the full deal breakdown with a VIP PLUS Membership.
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Cleveland, Ohio