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Federico Gutierrez
  • Realtor
  • Cleveland, OH
857
Votes |
2,081
Posts

Well Kept Double. Owner wants to Retire. CoC 23%.

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted
New paved driveway, new windows, new carpet, fresh paint. Roof 2008. Owner is looking to retire, has owned property for over 40 years.

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

  • Down payment $ 14,975.00
  • Up Front costs $ 2,000.00
  • Estimated Yearly Rents $13,320.00
  • Estimated Yearly Expenses $6,6600.00
  • Yearly Debt service $2,731.54
  • Net cash flow after expenses & debt service $3,928.46

CASH ON CASH RETURN 23.1%

Contact @Federico Gutierrez to set up your free tour of the available real estate in the greater Cleveland, Ohio area. Don't sleep on this one, it will be sold quickly.

www.HoltonWisePropertyGroup.com

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-

DON'T LIKE THIS OFFER? WANT TO SEE OTHER DEALS? CLICK HERE FOR MORE INFO

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*Featured properties may not be listed by the office/agent presenting this brochure*

Offering

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