Newer Triplex in Cleveland OH. B+ AREA. Fully occupied. BRICK!
Are you looking for a solid income generator? This is one of the only 3 unit multi family properties in University Heights. Maintenance free brick building, newer roof, newer furnace, newer central air, newer windows, newer doors, driveway paved within the last couple years. Perfect for the hands off or out of town investor.
Assuming 4.5% interest, 30 year mortgage & a 25% down payment.
- Down payment $ 47,475.00
- Up Front costs $ 2000.00
- Estimated Yearly Rents $ 24,600.00
- Estimated Yearly Expenses $ 12,300.00
- Yearly Debt service $ 8,659.76
- Net cash flow after expenses & debt service $ 3,640.24
CASH ON CASH RETURN 7.4%
Contact @Federico Gutierrez. Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.
Holton-Wise Property Group - Cleveland -
Century 21 Universal - Chicago -
Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK
Read my Zillow Profile and my outstanding work ethic for my clients
*Featured properties is listed by the office/agent presenting this brochure
Keywords: Cleveland, OHIO, Passive cashflow, Parma, Tenants, Occupied, CLE, Utilities Paid