Duplex - Euclid, OH - CoC 22.8%

[Antonio Biasiotta]

Great income/investment opportunity! Priced to sell, this up/down duplex features 2 units both with 3 bedrooms and 1 bath plus kitchen, living room and a common basement for laundry. Downstairs unit features resurfaced hardwood, updated bathroom & kitchen. Upstairs unit features remodeled bathroom, refinished hardwood flooring. New windows and furnace/AC in 2002, roof in 2005, downstairs completely remodeled in 2008. Units are separately metered for gas/electric but water is jointly metered (owner pays for water). 2 car detached garage. Separate laundry facilities in basement.

**Property will be Euclid POS compliant upon transfer**

SALE PRICE	$95,000.00
Down Payment	$23,750.00
Upfront Repairs	$2,000.00
Loan Amount	$71,250.00
Out of Pocket $	$25,750.00
Monthly Rent	$1,700.00
Annual Rent	$20,400.00
Operating Expenses	$10,200.00
Net Operating Income	$10,200.00
Monthly Debt Service (4.5%, 30 Years)	-$361.01
Annual Debt Service	-$4,332.16
Cash on Cash	22.8%
Net Cash Flow	$5,867.84

Contact ME:

[email protected]