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Updated over 7 years ago on .

User Stats

317
Posts
181
Votes
Jared Lichtin
  • Contractor
  • Cleveland, OH
181
Votes |
317
Posts

Complete Remodel, Turnkey, Net $800 a month! Great 2-year tenants

Jared Lichtin
  • Contractor
  • Cleveland, OH
Posted

I'm a fix and flip investor in Northeast Ohio, and I recently completed a project in Fairlawn, which is 30 minutes south of Cleveland. It's a fantastic neighborhood with great schools. Virtually nothing is available for rent there, and everyone wants to get their kids in Fairlawn schools, as Akron school district is not great.

We listed this property for a few months, but decided to rent it out because it would net us a nice return. Tenants have signed a lease for one year at $1900/ month, and tenants pay utilities.

If you are a cashflow investor, we are looking to sell a lot of our flips as turnkey rentals this year. It's just a lot easier for us, and we can get a cashflow investor way better numbers without having to pay for realtor commissions and staging. 

Tenant: Young couple with a large dog.

Rent: $1900/month, 12 month lease.

Annual Taxes: $2,400

Appliances: All come with the home.

Pictures: See Pictures & Listing

Feel free to message me with any questions!

Jared

Offering