RENT READY DOUBLE. CLEVELAND OH. 16% COC. $1500/month

[Federico Gutierrez]

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Great investment opportunity! Live in one unit and rent the other. Solid well cared for, clean home. Owned by the same family for over 40 years. Each unit has 2 Bedrooms with New Carpet, Living Room, Dining Room, and Kitchen with Appliances. Shared unfinished clean basement with 2 sets of Washers and Dryers that stay. Plenty of room for Storage.

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

• Down payment $ 25,000.00
• Up Front costs $ 2000.00
• Estimated Yearly Rents $ 18,000.00
• Estimated Yearly Expenses $9,000.00
• Yearly Debt service $ 4,560.17
• Net cash flow after expenses & debt service $4,439.83

CASH ON CASH RETURN 16.4 %

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