Cleveland SFR, 16% CoC. Motivated Seller. Will pay closing costs

[Federico Gutierrez]

This cape cod has new plumbing, new electrical through out. The seller is motivated and will offer $2000 towards the closing of this property. 

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

• Down payment $ 15,000.00
• Up Front costs $1,000.00 (Change locks, Smoke alarms, electrical walk through)
• Estimated Yearly Rents $10,800.00
• Estimated Yearly Expenses $5,400.00
• Yearly Debt service $2,738.10
• Net cash flow after expenses & debt service $2,663.90

CASH ON CASH RETURN 16.6%

Basement has been waterproofed. NEW hot water tank. This is rent ready from day 1!

Contact @Federico Gutierrez to set up your free tour of the available real estate in the greater Cleveland, Ohio area. Don't sleep on this one, it's an excellent intro/addition to you investment portfolio. 

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*

[Federico Gutierrez]

Find the latest video walk through of this property with myself and @James Wise