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Updated over 6 years ago on . Most recent reply

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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
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2,081
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C area SFR. Newer mechanicals. $1000/month. 10% CoC

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

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Charming 3 bedroom, 1 bath bungalow on a quiet residential street. With rounded entryways & glass knobs, this house is brimming with character! Eat-in kitchen boasts newer cabinetry. Living room w/ crown moulding & cozy fireplace. Formal dining room features gorgeous leaded glass built-ins & crown moulding. Upstairs hall with built-in storage. Master bedroom boasts closet to attic space. Watch the seasons change in the relaxing covered porch. Outdoor patio is perfect for entertaining! Hardwood beneath much of carpeting. Updates: new driveway & re-cemented patio (2016), hot water tank (2012), furnace (2008), kitchen cabinets (2007), roof (2005), newer vinyl windows.

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

  • Down payment $ 19,975.00
  • Up Front costs $ 2,500.00
  • Estimated Yearly Rents $ 12,000.00
  • Estimated Yearly Expenses $ 6,000.00
  • Yearly Debt service $ 3,643.57
  • Net cash flow after expenses & debt service $2,356.43

CASH ON CASH RETURN 10.5 %

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

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