Updated over 9 years ago on . Most recent reply
Solid, newer construction, Grade C, turnkey,
Solid, single family rental in nice C grade Cleveland neighborhood - Garfield Heights! Built in 2006!
MOTIVATED SELLER! HAS ADDITIONAL RENTAL HE'S WILLING TO PACKAGE TOGETHER FOR NICE DISCOUNT!
Assuming 25% down, 5% interest, 25 year amortization, 50% expense ratio
| SALE PRICE | $65,000.00 |
| Down Payment | $16,250.00 |
| Upfront Repairs | $0.00! |
| Loan Amount | $48,750.00 |
| Monthly Rent | $1,000.00 |
| Annual Rent | $12,000.00 |
NOI $6000/year. ROI 36.9%
YEAR 1 CASH ON CASH AFTER DEBT SERVICE 15.88%
DON'T LIKE THIS DEAL?
CONTACT ME TODAY
& we will discuss how I can build you a completely passive rental portfolio.
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-
Contact me to schedule a tour of the Cleveland area and available property!