Cleveland SFR. 16% COC. Already rented for $850/month Asking $57k
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| Cash flow machine with this tenant occupied investment property! $850/month rent, tenant pays all utilities (gas, electric, water/sewer) - in a lease until 12/31/18. Home will be sold POS COMPLIANT / violation free! Home has newer roof, updated kitchen and bathroom and over 1,100 sq ft! |
Assuming 4.5% interest, 30 year mortgage & a 25% down payment.
- Down payment $ 14,250.00
- Up Front costs $ 1,000.00.
- Estimated Yearly Rents $ 10,200.00
- Estimated Yearly Expenses $ 5,100.00
- Yearly Debt service $ 2,599.30
- Net cash flow after expenses & debt service $ 2,500.70
CASH ON CASH RETURN 16.4%
Meet your favorite Aussie Realtor @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
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*Featured properties is listed by the office/agent presenting this brochure