Updated over 8 years ago on . Most recent reply

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