West Cleveland cash cow! / Old Brooklyn! $1,600 month income!
West Cleveland in Old Brooklyn area! Newly rehabed multi family, has all new electrical, plumbing, hvac, work done by veteran builder /owner. This house needs nothing as it functions fine, I rehabbed this place 4 years ago and did it the right way! The area is by far the best bang for your buck!
This is a multi-unit bldg, total income is $1,600 per month! Below is a breakdown of the finances, you know what the ROI is on this purchase, it's a no brainer! This house is being offered only because i'm retiring from the business and i'm downsizing my portfolio, please don't waste your time or mine with crazy low ball offers because we will not entertain them! If you know the real estate market you will know this is a great deal!
MUST CLOSE WITHIN 2 WEEKS, MUST USE MY TITLE CO AT MT.MORRIS TITLE IN BROOKPARK, THEY HAVE GREAT INVESTOR RATES!
Taxes - 30.00 per month
10% manage fee - 160.00 per month
Water & sewer - 150.00 per month
Insurance - 80.00 per month
TOTAL EXPENSES - $420.00 per month
TOTAL PROFFITS - $1,180 per month