Complete Turnkey with Tenant - $975 a month - BEST DEAL ON BP

HavePropertiesResidentialSFR
Classifieds

Complete Turnkey with Tenant - $975 a month - BEST DEAL ON BP

Cleveland, OH · Member since 2017 · 24 posts · 6 votes

Hi, We are urban Turn-key Professionals. I will respond to all requests ASAP. This Turnkey is ready to go! Come meet the tenant! This Property definitely has plenty of curb appeal and beautiful renovation done inside and out. Tenant has lived here since June 2016. She is currently on a one year lease and contract through Section 8, but she has already confirmed she will be staying for the LONG TERM. We can do a 3 month rent guarantee and also manage the property for you!

TOO good to be true? not this one, but there is one issue: the property taxes are higher than we would like. Currently they are around $2,400 a month. We have engaged an attorney and we have a review/ dispute scheduled this week. We can make the offer contingent on the results of the review. In the past, 90% of the time, we have been able to get them lowered significantly. The taxes on this house will be under $1,000 a year post dispute.

Please see Pro-Forma:

Monthly Rent: $974

Taxes: $200 (expected to go down to 80)

Insurance: $40

Prop Management: $90

Repair Allownce: $90

NOI / Profit: 554

Annualized Return: 17.3% minimum (with higher taxes)

Get in touch today to discuss and go over details, historical financials, etc on this property!

0Reply
39 views

Most Popular Reply

Real Estate Broker · Cleveland, OH · Member since 2015 · 451 posts · 313 votes
9y

This is East Cleveland. Please check your spelling and math. Good Luck!

See this reply in the discussion

7 Replies

Jump to latestLatest
  • Linda LabbePro Member
    Investor · North Bay, Ontario · Member since 2015 · 709 posts · 263 votes
    9y

    pls contact me

  • Flipper/Rehabber · Reno, NV · Member since 2016 · 235 posts · 35 votes
    9y

    Please contact me too 

  • Real Estate Broker · Cleveland, OH · Member since 2015 · 451 posts · 313 votes
    9y

    This is East Cleveland. Please check your spelling and math. Good Luck!

  • Oceanside, CA · Member since 2016 · 9 posts · 0 votes
    9y

    I am interested please send info to [email protected]

  • Real Estate Broker · Cleveland, OH · Member since 2015 · 451 posts · 313 votes
    9y

    My mistake.  Pleas see [email protected] as further information. Thanks

  • Real Estate Broker · Cleveland, OH · Member since 2015 · 451 posts · 313 votes
    9y

    Please,,,

  • Redmond, WA · Member since 2016 · 5 posts · 2 votes
    9y

    Hello,

    I'm really interested in this listing. Please email me information at [email protected]. Also please let me know what the status is for the dispute, and the day it's planned to be reviewed. Thanks!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.