Realtor
Cleveland, OH

Double in Garfield Heights. 19% CoC! @FedTheRealtor

Realtor
Cleveland, OH

Posted July 11, 2017 06:48

Two-family home on a nice quiet street in Garfield Heights near the enjoyable Garfield Heights metropark trails. Each unit 2 bedroom 1 bath. Black and stainless kitchen appliances 1 year old (2016). Hardwood floors, finished basement. Plenty of storage. On-site individual laundry hook-up, all individual unit utilities. Many improvements, re-freshen paint, 2 new furnaces (2016) H20 Tank (2016) Central AC units added (2017) 3-car garage with new garage door opener (2016), petite private backyard. Each unit has private rear porch, gas and electric individually metered. Close to shopping, and highways. Great for low maintenance hassle free investment cash flowing investment property. Rent for unit #2 is actual rent. rent for unit #1 is scheudled rent not actual rent at this time

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

Down payment $ 19,975.00
Up Front costs $ 1000.00
Estimated Yearly Rents $ 15,600.00
Estimated Yearly Expenses $ 7,800.00
Yearly Debt service $ 3,643.57
Net cash flow after expenses & debt service $ 4,156.43

CASH ON CASH RETURN 19.8%

Contact @Federico Gutierrez. 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

Follow me on Twitter and get the latest updates

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

Offering

0 Votes