Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
Great opportunity! Clean two family home with two car garage. Each unit has large front porch, eat-in kitchen plus formal dining room with built-in china cabinets and window bench. Living room have fireplace with built-in bookcases on each side. Don't miss this opportunity.
Assuming 4.5% interest, 30 year mortgage & a 25% down payment.
Down payment $ 10,500.00
Up Front costs $ 11000.00
Estimated Yearly Rents $ 14,500.00
Estimated Yearly Expenses $ 7,200.00
Yearly Debt service $ 1,915.27
Net cash flow after expenses & debt service $5,284.73
CASH ON CASH RETURN 24.6%
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 will be sold quickly.
@Federico Gutierrez I am interested. Could you share more details on this property such as proforma? financing options etc? to [email protected]. Any new renovations done here?