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Updated about 9 years ago on . Most recent reply

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