Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on .

User Stats

1,750
Posts
880
Votes
Matt Motil
  • Rental Property Investor
  • Cleveland, OH
880
Votes |
1,750
Posts

Cleveland Grade B SFR 19.5% COC

Matt Motil
  • Rental Property Investor
  • Cleveland, OH
Posted

Solid 3 bedroom, 1 bathroom rental in the heart of the Holton-Wise property management area! 

Assuming 25% down with 30 year am: 

Purchase price $49,000

Down payment and initial costs (closing, minor rehab, etc): $18,230

Monthly rent: $1000

Vacancy, management, maintenance, cap ex, taxes & insurance factored in based on our experience of managing over 400 units in the area

Monthly NOI: $495

Cash-on-Cash Return in year 1: 19.5%

IRR in year 10: 30.3%

Don't like this deal? Contact me today to be added to my mailing list of other rental and investment opportunities! 

No one sells more multi-family and investment property in Cleveland than us! 

400 investors and managed units can't be wrong! 

Need a lender in Ohio? Got you covered

Need insurance in Ohio? Got you covered

Need property management in Ohio? Got you covered

Need home inspection in Ohio? Got you covered

Holton Wise is the largest landlord on the west side of Cleveland.

400 managed units and growing everyday!

300 investors can't be wrong!

Cleveland is Cash-flow-City!

Get Turnkey without the Turnkey price!

Don't pay a premium when value is what you are after!

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-

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

Offering