SFR in Parma. A Area. 3bed/2bath. Cosmetic update required.

HavePropertiesResidentialSFR
Classifieds

SFR in Parma. A Area. 3bed/2bath. Cosmetic update required.

Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

Come check out this Parma Single Family. This HUGE house located on a quiet street is ready for your finishing touches, It's in a A area. Newer flooring on the main level, larger than average bedrooms, a fenced in yard, loads of storage space, an enclosed porch with heat and a 3 car garage await you! Do not let this opportunity pass you up!

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 18,747.00
  • Up Front costs $ 4,000.00
  • Estimated Yearly Rents $ 12,000.00
  • Estimated Yearly Expenses $ 6,000.00
  • Yearly Debt service $ 3,419.67
  • Net cash flow after expenses & debt service $2,580.33

CASH ON CASH RETURN 11.3 %

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

0Reply
7 views

5 Replies

Jump to latestLatest
  • Canton, OH · Member since 2018 · 118 posts · 63 votes
    8y

    What is a yearly debt service?

  • Rental Property Investor · Bellevue, NE · Member since 2014 · 79 posts · 38 votes
    8y
    Originally posted by @Account Closed:

    What is a yearly debt service?

     Mortgage payment. 

  • Flipper/Rehabber · Cleveland, OH · Member since 2013 · 7 posts · 1 vote
    8y

    Is this currently under contract? I may be interested

  • Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
    8y

    Sold in 18days for $70,000 CASH

    @Gus G.

  • Flipper/Rehabber · Cleveland, OH · Member since 2013 · 7 posts · 1 vote
    8y

    No surprise. please keep me in mind. I flip in the area.

    Thanks-

    Gus

Join the conversationCreate a free account to reply, vote on answers and follow this thread.