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Updated about 9 years ago on . Most recent reply

User Stats

2,081
Posts
856
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
Posts

B Grade Duplex. Lakewood OH. 27% CoC. WONT LAST! @FedTheRealtor

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

50% occupied. Tenant upstairs paying $550/month

Has newer windows, newer vinyl siding

Roof is 3 yrs old!

B grade Neighbourhood! Don't sleep comps in this area are $100K+

Read about Lakewood home prices more in-depth

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

  • Down payment $ 14,975.00
  • Up Front costs $ 1,500.00
  • Estimated Yearly Rents $ 14,400.00
  • Estimated Yearly Expenses $ 7,200.00
  • Yearly Debt service $ 2,731.54
  • Net cash flow after expenses & debt service $4,468.46

CASH ON CASH RETURN 27.1%

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. Read how I've helped fellow BP members acquire investments

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

Read my Zillow Profile and my outstanding work ethic for my clients

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

Offering

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