Money Maker Duplex in Cleveland 27% CoC, @FedTheRealtor

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Money Maker Duplex in Cleveland 27% CoC, @FedTheRealtor

Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes

Come and look at Multifamily house. Great investment and money maker property. $1600.00 monthly gross income. two units and attic are fully occupied. owner installed new roof two years ago.

Current Rents: Up $600, Down $600, Attic $400

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

  • Down payment $ 14,997.50
  • Up Front costs $ 10,000.00
  • Estimated Yearly Rents $19,200.00
  • Estimated Yearly Expenses $9,600.00
  • Yearly Debt service $2,735.64
  • Net cash flow after expenses & debt service $6,864.36

CASH ON CASH RETURN 27.5%

Contact @Federico Gutierrez to set up your free tour of the available real estate in the greater Cleveland, Ohio area.

www.HoltonWisePropertyGroup.com

Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate. Read how I've helped fellow BP members acquire investments

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-

Read my Blog on Cleveland home prices for 2015

DON'T LIKE THIS OFFER? WANT TO SEE OTHER DEALS? CLICK HERE FOR MORE INFO

Read my Zillow Profile and my outstanding work ethic for my clients

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

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  • Lender · Rochester, NY · Member since 2014 · 3k+ posts · 1k+ votes
    10y

    Great Returns! 

  • Capistrano Beach, CA · Member since 2013 · 283 posts · 169 votes
    10y

    Can I find out if you guys do property management as well?

  • Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
    10y

    @CK Hwang yes we do property management. I will personally PM you to discuss

  • Bill KarwackiPro Member
    Investor · Port Orchard, WA · Member since 2015 · 61 posts · 2 votes
    10y

    @Federico Gutierrez Could you send me a breakdown of your upfront expenses and yearly expenses.

    Thanks

  • Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
    10y

    Hi @Bill KarwackiI will get you a break down in the next 24hrs

    Please be patient, will get yo more detailed pictures also.

  • Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
    10y

    Property Under Contract

  • Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
    10y

    Property is now back on the market. Don't wait else it will be gone AGAIN

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