Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

User Stats

74
Posts
19
Votes
Matthew Fritz
  • Property Manager
  • Cleveland, OH
19
Votes |
74
Posts

WOW 22% ROI Coc! Full Managed-2015 Renovation! Cleveland Turnkey!

Matthew Fritz
  • Property Manager
  • Cleveland, OH
Posted

*****24281 DEVOE AVE. EUCLID, OHIO ***** 22% Cash on Cash

Yr. 1 Projection - 22% ROI

  • Standard Assumptions
    • Annual Management
    • No Vacancy - Currently (2yr. Lease Assigned)
    • Maintenance Exposure
    • Annual Insurance Premium
    • Annual Municipal Occupancy Permit
    • Annual Property Tax

Cozy 3 bedroom and 2 full bathroom Cape Cod offering 1,305 square feet of living space. The property has been completed renovated inside and out. New hardwood floors. Living room with large picture window. Kitchen with new oven/stove and refrigerator. Formal dining room with a ceiling fan. 2 bedrooms on the first floor with ceiling fans and closets. The entire second floor is the master bedroom with some built-ins and two closets. Full partially finished basement with the second full bathroom and laundry area. Covered and screened in back patio. 1 car detached garage. The fenced in backyard looks out to the 6th hole on Briardale Golf Course, don't worry there is a 20-30 foot hit net protecting the home. This cozy Cape Cod is located in Euclid, Ohio.

Euclid takes full advantage of Lake Erie with two beautiful lakefront parks; Sims Park is 33.5 acres with 800' of beachfront, playground, picinic area, amphitheater, and disc golf. Just to the west is Clubhouse Park with over 7 acres to enjoy.

Euclid has many family-friendly amenities such as 254 total acres of playground/recreation, including 18 playgrounds, 31 tennis courts (10 lighted), 9 basketball courts, 19 baseball/softball diamonds (6 lighted), and 7 soccer fields.

Memorial Park features 55 acres of lighted sports area (sand volleyball, baseball/softball, soccer, and tennis courts), with a picnic area, playground, pool, and enclosed ice arena. Five community swimming pools and an 18 hole regulation course on 126 acres; 6,274 yards, par 70; 39 sand traps, 6 lakes, 2 practice greens, 1 lighted driving range; gas carts; Pro Shop, snack bar and pavilion; full service lounge.

http://www.cityofeuclid.com

Less than 10 minutes away from the highly acclaimed and award winning Cleveland Clinic, University Hospitals, and Case Western Reserve's main campuses.

-------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------

*****24281 DEVOE AVE. EUCLID, OHIO ***** 22% Cash on Cash

-------------------------------------------------------------------------------------

Disclaimer: The performance information shown are projections. These are not actual results. These projections are based upon various assumptions and representative properties. No representation is being made that a performance record similar to the projected returns will or is likely to be achieved.

There are no implied or expressed warranties on any investment information or materials in this post. There is no assurance that the value of the real estate will be sufficient to return any portion of the investors' original capital, and Smartland does not guarantee the accuracy of any projections herein.

Offering

Loading replies...