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