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Updated over 6 years ago on . Most recent reply

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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
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THIS EUCLID CAPE COD IS FULL OF POSSIBILITY. 16% CoC!

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

$55,000
4 BED | 2 BATH | 1,607 SQ. FT.
ANNUAL TAXES: $2,477 (APPROX.)

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A spacious home, this charming Cape Cod in Euclid is perfectly suited for your family’s first home or a smart investment property. The front door opens into a living room with a grand picture window. The living room has space for a comfortable sitting area, a cozy reading nook or small eating area before meeting the kitchen. The kitchen is bright, has tiled floors, ample counter and cabinet space, and even has a convenient laundry area in a folding door closet. Off of the kitchen is a large dining space lit with many windows, access to the backyard and an additional family room or children’s play space. The first floor also has two bedrooms, or perhaps that perfect home office, and a full bath. Upstairs are 2 more additional bedrooms, each spacious with their own closets, as well as a second full bathroom. This lovely home sits in a large yard with a single car detached garage and a patio perfect for morning coffee or summer drinks with friends. Schedule a time to come look at this wonderful property today.

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

  • Down payment $ 13,750
  • Up Front costs $ 3,000.00
  • Estimated Yearly Rents $ 12,000.00
  • Estimated Yearly Expenses $ 6,000.00
  • Yearly Debt service $ 2,508.09
  • Net cash flow after expenses & debt service $3491.91

CASH ON CASH RETURN 20.8 %

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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