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Updated over 9 years ago on . Most recent reply

User Stats

52
Posts
24
Votes
Robert Quinn
  • Realtor
  • Brunswick, OH
24
Votes |
52
Posts

Youngstown Ohio Triplex, Cash Flow Machine

Robert Quinn
  • Realtor
  • Brunswick, OH
Posted

Property is located in a Niles, Ohio Zip code 44446.

$57,000.00

Market Rent. $475.00

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 $14,250.00
  • Up Front costs $2,000.00
  • Estimated Yearly Rents $17,100.00
  • Estimated Yearly Expenses $8,550.00
  • Yearly Debt service $2,599.30
  • Net cash flow after expenses & debt service $5,950.70

CASH ON CASH RETURN 36.6%

Fully occupied 3 unit property.  Bringing in $1,425 rent.  Owner pays water, sewer, and trash.  Tenants pay electric.  3 electric meters on site.

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-

DON'T LIKE THIS OFFER? WANT TO SEE OTHER DEALS? CLICK HERE FOR MORE INFO

Click here to listen to James Wise's guest appearance on the Bigger Pockets Podcast.

Click here to listen to James Wise on the best real estate investing advice ever show

*Featured properties may not be listed by the office/agent presenting this brochure*

Offering

Most Popular Reply

User Stats

52
Posts
24
Votes
Robert Quinn
  • Realtor
  • Brunswick, OH
24
Votes |
52
Posts
Robert Quinn
  • Realtor
  • Brunswick, OH
Replied

This home is still available.  Contact me if you'd like to review the Pro Forma.

Property is located in a Niles, Ohio Zip code 44446.

$57,000.00

Market Rent. $475.00

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 $14,250.00
  • Up Front costs $2,000.00
  • Estimated Yearly Rents $17,100.00
  • Estimated Yearly Expenses $8,550.00
  • Yearly Debt service $2,599.30
  • Net cash flow after expenses & debt service $5,950.70

CASH ON CASH RETURN 36.6%

Fully occupied 3 unit property. Bringing in $1,425 rent. Owner pays water, sewer, and trash. Tenants pay electric. 3 electric meters on site.

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-

DON'T LIKE THIS OFFER? WANT TO SEE OTHER DEALS? CLICK HERE FOR MORE INFO

Click here to listen to James Wise's guest appearance on the Bigger Pockets Podcast.

Click here to listen to James Wise on the best real estate investing advice ever show

*Featured properties may not be listed by the office/agent presenting this brochure*

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