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Rental Property Analysis; 41 - 9901 Greenview
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Cleveland Rental Property MLS Search & Analysis with James Wise; 41 - 9901 Greenview
Show Notes;
In this episode of The MLS Search & Analysis Show James Wise is searching the Cleveland, Ohio area for a rental property for his client Jose, an IT contractor working in Kuwait. Jose has $30,000 to spend and would like to stretch his cash as far as possible using a traditional bank loan. Jose has a moderate risk tolerance and would like to avoid Section 8 rental properties. With this in mind James finds a duplex in Garfield Heights, Ohio for $89,000 that is in pretty good condition. James goes on to break down the financing and gross income estimates as well as the estimated fixed and variable operating costs such as maintenance, repairs, vacancy, non payment of rent, utilities, property taxes, insurance, cap ex, landscaping, property management and more.
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