ROW HOMES FOR SALE. Cash on Cash potential 20%+

[James Wise]

This particular building is located in a rougher area then you are used to seeing from us.

We consider this area to be more of C- or D+ area. The numbers in the offering memorandum reflect repair, maintenance, cap-ex, vacancy and non payment estimates that we are seeing in our C neighborhood multi family buildings.

It would be prudent to assume that these numbers will be somewhat higher than our C neighborhood estimates. However with it being multifamily the risk of vandalism is incredibly low compared to a single family home or duplex in the same area as those can end up vacant whereas this would always have occupants inside of it.We assume there will be more evictions in this building then in a C neighborhood building and we also assume there to be longer vacancies as it will take longer to find a qualified tenant. While we can not pinpoint the exact amounts these cost will increase we believe an investors should allocate an additional 10%-15% of the gross rents to account for these types of costs.

 Property is located in a Cleveland, Ohio Zip code 44109.

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

ASKING PRICE: $174,900

MARKET RENT: $2,700

Holton Wise has a team of investor focused agents ready to build you a rental portfolio.

Contact one of our agents to set up your free tour of the available real estate in the greater Cleveland, Ohio area.

@Jason Horton

@Federico Gutierrez

@Robert Quinn

@Nicholas Varner

@Kevin Hoag

@Brandon Uehlein

@Adam Perkins

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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 MISS OUT ON TWO OTHER GREAT DEALS UNDER 40K. POSTED TO THE MARKETPLACE YESTERDAY

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

CLICK HERE TO SEE MORE DEALS

Click here to listen to James Wise on episode 127 of the Bigger Pockets Podcast

Click here to listen to James Wise on episode 318 of BEST REAL ESTATE INVESTING ADVICE EVER WITH JOE FAIRLESS

Click here to listen to James Wise talk with Ken Corsini on the DEAL FARM PODCAST

Click here to listen to James Wise talk rental properties with Jared Lichtin

Click here to watch James Wise talk turnkey real estate with Mindy Jensen

[Jay Hinrichs]

nice disclosure of the risk reward factors  like to see that in the agent community