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Updated over 8 years ago on . Most recent reply

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2,081
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857
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
857
Votes |
2,081
Posts

SFR Cleveland, RENT READY. C GRADE AREA. 23% COC. BE QUICK

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

NEW PROPERTY TO HIT THE MARKET. 2017 IS YOUR YEAR TO GET OFF THE SIDE LINE AND INTO A SAFE C GRADE SINGLE FAMILY HOME. 

At Holton-Wise Property group we have the lenders who can finance single family homes for 15% DOWN. We have the insurance company to get you quotes. We have property management in place...SO WHAT ARE YOU WAITING FOR? TAKE ACTION!


Come stroll into this beautiful move-in ready ranch style home with a full basement. Home sits on a corner lot with a gazebo and a 2 car detached garage. Interior of the home was freshly painted. The eat-in kitchen has sliders leading to a deck. Basement has glass block windows. Hardwood floors in 2 of the bedrooms. Home features Vinyl siding. Appliances are included: Stove, refrigerator, microwave, washer, and dryer.

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

  • Down payment $ 13,250.00
  • Up Front costs $ 2000.00
  • Estimated Yearly Rents $ 12,000.00
  • Estimated Yearly Expenses $ 6,000.00
  • Yearly Debt service $ 2,416.89
  • Net cash flow after expenses & debt service $3,583.11

CASH ON CASH RETURN 23.5%

www.HoltonWisePropertyGroup.com

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