Investor · Cleveland, OH · Member since 2015 · 161 posts · 50 votes
This one SHINES!! Great curb appeal and TurnKEY colonial ready for your portfolio!! This tenant-occupied investment home features 3 spacious bedrooms, 1 full bathroom, has Central Air and is well maintained. Property will be POS compliant.
Seller looking to divest portfolio. Pride of ownership. Long term tenant.
Property is located in a South Euclid, Ohio Zip code 44121
CLICK HERE to see the Holton-Wise Property Group grade that this neighborhood got.
Asking price $65,000.00 - Contact me to see what the comps are in the surrounding area.
Rent - $950.00 (room for increase)
Tenant occupied and wants to stay.
Property is TURNkey
Need financing? We have that covered for you. We have several lenders we can set you up with.
Assuming 4.0% interest, 30 year mortgage & a 25% down payment.
Down payment $16,250
Up Front costs $2,000.00*
Estimated Yearly Rents $11,400
Estimated Yearly Expenses $5,700.00
Yearly Debt service $2,792.88
Net cash flow after expenses & debt service $2,907.12