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161
Posts
50
Votes
Antonio Biasiotta
  • Investor
  • Cleveland, OH
50
Votes |
161
Posts

Triplex FOR SALE - Great Rental Area/Location

Antonio Biasiotta
  • Investor
  • Cleveland, OH
Posted

Investor ready! 

Awesome triplex in great location! 

Minutes from University Circle, John Carroll University, Case Western, Cleveland Clinic and University Hospital! 

Walking distance to Coventry Village! LOCATION! 

Will be made Point of sale compliant!

100% Occupied 

Asking price $109,000.00

Rent - $1,750.00

Need financing? We have that covered for you. We have several lenders we can set you up with.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

Down payment $27,250.00

Up Front costs $2,000.00

Estimated Yearly Rents $21,000.00

Estimated Yearly Expenses $10,500.00

Yearly Debt service $4,970.58

Net cash flow after expenses & debt service $5,529.42

CASH ON CASH RETURN 18.9%

Offering

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