SFR 20% ROI IN CLEVELAND OHIO

[Henry King]

 This single family home is located on the East side of Cleveland in the Lee/Harvard area.  Property is in a solid rental neighborhood in one of the better parts of the city.  The house is fully operational and is generating $750 per month in rent.  Market value is 35K-40k.  Turnkey investment with very little to do. Please message me and I can provide any additional information needed.

Price: $19,500

Rent: $750

EXPENSES:  taxes-$140 (per month)

                      insurance-$60

                      PM- $75

                      Maint.- $75

                      Vacancy- $70

Expenses are approx. $420 (per month)

NOI- $330 (per month)/ 20% ROI