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Updated over 7 years ago on . Most recent reply

User Stats

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

Triplex FOR SALE - Great Rental Area/Location - High ROI/CoC

Antonio Biasiotta
  • Investor
  • Cleveland, OH
Posted

Investor ready!

Awesome triplex in great location in Cleveland HTS - Walking distance to Coventry Village!

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

Will be made Point of sale compliant!

100% Occupied - High Cash on Cash/ROI in Great Location 

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.

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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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