Skip to content
Classifieds

User Stats

26,399
Posts
17,732
Votes
James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
17,732
Votes |
26,399
Posts

14.3% Return. Cleveland, Ohio. Passive investing. Property Management by The Holton Wise Property Group available.

James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted Jun 8 2015, 10:21

Property is located in a Cleveland. Zip code 44144.

to see the Holton-Wise Property Group grade that this neighborhood got.

2 Bed 1 Bath

Asking price $49,900.00

Estimated Rents. $700.00/mo.

Need financing? We have that covered for you. We have several lenders we can set you up with.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $12,475.00
  • Up Front costs $1,000.00
  • Estimated Yearly Rents $8,400.00
  • Estimated Yearly Expenses $4,200.00
  • Monthly Debt service $189.63
  • Yearly Debt service $2,275.52
  • Net cash flow after expenses & debt service $1,924.48

CASH ON CASH RETURN 14.3%

Contact me @Jason Horton or @Brandon Uehlein for more details about this cash machine.

Contact me to set up your free tour of the available real estate in the greater Cleveland, Ohio area

www.HoltonWisePropertyGroup.com

Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate.

Can work with you in several ways.

-Rental Properties from the MLS-

-Turnkey Properties-

-Joint Ventures-

-Secured Debt Investments-24-84 month terms. We pay up to 12% APR-

Offering

Loading replies...