5 TURNKEY Properties in Euclid & South Euclid. PM available!!!

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5 TURNKEY Properties in Euclid & South Euclid. PM available!!!

James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes

Buy one at a time or buy as a package; YOUR CHOICE!

FOR SALE

21128 Goller
Euclid, 44119
$69,900

If you have been looking to build your Real Estate Portfolio by obtaining high end properties in B areas or above then this property is for you!

Better properties + better neighborhoods = MORE PROFIT

HIGHLIGHTS
  • 3 beds
  • 2 baths
  • Est market rent: $995-1,025/mo
  • TRULY TURNKEY
  • Refinished hardwood flooring
  • New exterior paint
  • New interior paint
  • New appliances
  • Refinished kitchen cabinetry
  • Updated bathrooms
  • New electrical panel
  • New exterior doors
  • New interior lighting
  • Refinished kitchen counter-tops
  • 15% down mortgages AVAILABLE!
NUMBERS
  • Cash needed for down payment: $10,485
  • Mortgage: $59,415
  • Monthly rent estimate: $1,025
  • Monthly P&I: $283.66
  • Monthly Taxes: $233.33
  • Monthly Insurance estimate:$80
  • Monthly repair & maintenance estimate:$28
  • Vacancy / Non pay estimate: $28
  • Monthly Cap-Ex estimate: $56
  • Holton-Wise monthly PM: $100
  • Monthly water & sewer estimate: $75
  • Estimated monthly cash flow after expenses & debt service: $141.01
  • Estimated yearly cash flow after expenses & debt service: $1,692.12
  • Estimated Cash on cash return: 16.14%
  • BONUS: Estimated annual depreciation tax benefit: $1,779
We also have an additional 4 similarly renovated and priced turnkey homes that can be purchased as a package. Ask a Holton-Wise agent for details!
  • 764 E 258th $64.9k
  • 23731 Hartland $74.9k
  • 21730 Bruce $79.9k
  • 4193 Ellison $84.9k
CLICK HERE FOR MORE INFORMATION
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Copyright © 2016 The Holton-Wise Property Group, All rights reserved.
The Holton-Wise Property Group does not doubt the accuracy of any of the information contained herein. However we have not verified it and make no guarantee, warranty or representation about it. Properties listed herein may be listed by brokerages other than The Holton-Wise Property Group. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of any property. Actual results may vary from any projections, opinions, assumptions, or estimates and you should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The Holton-Wise Property Group
4207 Brookpark Rd. Parma, Ohio. 44134.
216-661-6633

Part Time Agents

Just want access to the CLICK HERE FOR ACCESS TO ALL OF OUR DEAL$

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  • Steven Gesis
    Investor · Miami, FL · Member since 2015 · 1k+ posts · 390 votes
    9y

    James, welcome to the east side of the city, are we expecting a new heat map with upgraded neighborhood status ? 

    2Reply
  • James Wise
    OP
    Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    9y
    Originally posted by @Steven Gesis:

    James, welcome to the east side of the city, are we expecting a new heat map with upgraded neighborhood status ? 

    Thanks Steve. The investors from around the U.S. & abroad who are looking into the Cleveland, Ohio market will be pleased to know that, that data has been made available on The Ultimate Guide to Grading Cleveland Neighborhoods for awhile now.

    0Reply
  • Mark Welp
    Investor/Agent/CPA · Columbus, OH · Member since 2015 · 249 posts · 207 votes
    9y

    James,

    I would be interested in learning about the property above on Goller.  I will try sending you a PM.

    Thanks

    0Reply
  • James Wise
    OP
    Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    9y
    Originally posted by @Mark Welp:

    James,

    I would be interested in learning about the property above on Goller.  I will try sending you a PM.

    Thanks

     Thanks for reaching out Mark. One of our agents will be reaching out shortly.

    0Reply
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