SFR in Cleveland, OH. C Area. 3bed/1bath. 26% CoC @FedTheRealtor

[Federico Gutierrez]

Well maintained bungalow 3bed/1bath, close to highway, gas station. Newer roof, windows, and furnace and updated electric. Fenced back yard and a porch to enjoy. Move in ready, violation free at transfer

Annual Taxes $2339. Currently Auditors website values house at $53,000. 

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

• Down payment $ 45,000.00
• Up Front costs $ 2,500.00
• Estimated Yearly Rents $ 11,400.00
• Estimated Yearly Expenses $ 5,700.00
• Yearly Debt service $ 2,052.08
• Net cash flow after expenses & debt service $3,647.92

CASH ON CASH RETURN 26.5%

Contact @Federico Gutierrez. Holton-Wise Realtor of the Year for 2016,  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.

www.HoltonWisePropertyGroup.com

Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate. Read how I've helped fellow BP members acquire investments

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*Featured properties is listed by the office/agent presenting this brochure*

[Federico Gutierrez]

@Sam Stout thanks for pointing that error out. The downpayment is $11,250.00. NOT $45,000.00

AS for loans @Jerry Padilla is able to provide assistance for an investment loan here in Cleveland, OH.