Cleveland Heights 6 Unit

[Markian Sich]

Hi all, I am very new to all of this. Any help analyzing this property I have offered to me would be a huge help:

A 6 Unit in on Noble Rd in Cleveland Heights area of Cleveland. (I heard it was a very diverse area so that is why I'm providing the street it is located on)

237K Purchase Price.

Rent is a total of $3430 a month. $41,160 a year.

Annual Taxs $6470 a year

Water Sewer: $4800 a year (Does this seem high? I am not sure why this was given to me, I guess they currently have the owner pay for water and sewer... definitely going to change that)

Gas + electric: 780 year (also going to potentially charge the tenants for this)

On top of that obviously property management, insurance, income tax.

100% rented and apparently in good condition. My dad is going to go up and check it out for himself. But barring anything crazy, seems pretty good to me. What do you all think?

Thank you!

Markian