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Updated almost 10 years ago on . Most recent reply

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,599
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28,495
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Cleveland Ohio 13.29% Cash on Cash Return. Property Management from The Holton-Wise Property Group available.

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted

Location: Parma, Ohio. (Suburb of Cleveland, Ohio)

CLICK HERE to see the neighborhood grade that The Holton-Wise Property Group has given Parma, Ohio.

PRICE: $69,900-----Likely some wiggle room here.

3 Beds

2 Baths

Monthly rent estimate: $950

Assuming 5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $17,475.00
  • Estimated Yearly Rents $11,400.00
  • Estimated Yearly Expenses $5,700.00
  • Yearly Debt service $3,377.16
  • Net cash flow after expenses & debt service $2,322.84

CASH ON CASH RETURN 13.29%

NEED FINANCING FOR THIS DEAL? WE CAN HELP WITH THAT. WE HAVE LENDERS THAT WE CAN SET YOU UP WITH.

Contact me or @Jason Horton for more details on this nice suburban property.

Contact me to set up your free tour of the available real estate in the greater Cleveland, Ohio area

Passive cashflow. Have helped many Biggerpockets members invest in Cleveland Ohio Real Estate.

Can work with you in several ways.

-Rental Properties from the MLS-

-Turnkey Properties-

-Joint Ventures-

-Secured Debt Investments-24-84 month terms. We pay up to 12% APR-

Offering

Most Popular Reply

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226
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Bogdan Cirlig
  • Real Estate Investor
  • Los Gatos, CA
89
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226
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Bogdan Cirlig
  • Real Estate Investor
  • Los Gatos, CA
Replied

Nice presentation!

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