NEW LISTING! 18% COC! Minor update required! CLEVELAND OH

[Federico Gutierrez]

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Move-in ready Cape Cod with over 1300 sq ft of living area including a huge finished bedroom/living area on the 2nd floor. Great for owner occupants or investors, this home is located close to shopping, freeway access, public transportation. Many updates including newer roof, upgraded electrical, ceiling fans. Other features: huge 2-car garage, beautiful hardwood floors throughout much of the house, half of the basement is ready to be finished into a recreation room. Offered violation free at closing.

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

• Down payment $ 15,000.00
• Up Front costs $ 1,500.00
• Estimated Yearly Rents $ 11,400.00
• Estimated Yearly Expenses $5,700.00
• Yearly Debt service $ 2,736.10
• Net cash flow after expenses & debt service $2,963.90

CASH ON CASH RETURN 18 %

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*Featured properties is listed by the office/agent presenting this brochure