Single family House, Cleveland $38000. Needs little TLC. 25% CoC!
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Nice size colonial with so much potential. Large living room and dining room area great for entertaining. Eat in kitchen with walk out access to backyard. Unfinished attic could potentially be a forth bedroom or bonus room. Very spacious partially finished basement with workshop and utility area. With a little TLC this house could become a wonderful home. Follow the brick road to 19105 Shawnee!
Assuming 4.5% interest, 30 year mortgage & a 25% down payment.
- Down payment $ 9,500.00
- Up Front costs $ 6,000.00 (Updating carpets, painting)
- Estimated Yearly Rents $ 11,400.00
- Estimated Yearly Expenses $ 5,700.00
- Yearly Debt service $ 1,732.86
- Net cash flow after expenses & debt service $3,967.14
CASH ON CASH RETURN 25.6%
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
Read my Zillow Profile and my outstanding work ethic for my clients
*Featured properties is listed by the office/agent presenting this brochure