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Archived over 5 years ago

$93,500

4 bd 2 ba 2090 sqft

10626 Thrush, Cleveland, OH 44111

Residential Duplex

Current Rent **

$1,350

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $675
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1045 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $675
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1045 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

Turnkey Duplex, 13% Cap, $12,000 NOI - Off-Market Cleveland OH

CALLING ALL INVESTORS! This up/down off-market duplex on the attractive West Side of Cleveland has just been freshly renovated and is ready for its new owner! All new flooring throughout, paint, bathrooms, brand new furnaces, newer vinyl windows and SO much more. This is a perfect turnkey investment property for a new or savvy investor who is not interested in dealing with any contractors and repair teams. This property comes READY TO GO and is a great investment opportunity.

Call me at 216-502-2550 with any questions!10626 Thrush Full ListingBelow please find the projected year 1 financials:Gross Rent: $16,200Property Taxes: $1,928Insurance: $500Property Management: $1,620NOI: $12,152CAP Rate: 13.00%Gross Yield: 17.33%

Location:

10626 Thrush, Cleveland, OH 44111

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.