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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

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

Offering

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