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Updated almost 9 years ago,

User Stats

1,750
Posts
879
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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
879
Votes |
1,750
Posts

Fully Occupied triple in Grade A Cleveland suburb 23% COC! WOW!

Matt Motil
  • Rental Property Investor
  • Cleveland, OH
Posted

WANT TO BE A MULTIFAMILY MOGUL WITHOUT THE PRICE TAG? 

Check out this full-occupied triple in a Grade A area of the western Cleveland suburbs! Over 2600 per month in rents! This one is very undervalued and won't last! Make an offer on this today or cry about it tomorrow! 

See the Grade that Holton-Wise gave this neighborhood in the Ultimate Guide to Grading Cleveland Neighborhoods

Assuming 25% down, 5% interest, 25 year amortization

SALE PRICE $129,900.00
Down Payment $35,073
Upfront Repairs $0.00 - currently fully occupied! 
Loan Amount $97,425
Monthly Rent $2,650
Annual NOI
CASH ON CASH
$14,200!
22.7%!

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YEAR 1 CASH ON CASH AFTER DEBT SERVICE 24.7%

DON'T LIKE THIS DEAL?

CONTACT ME TODAY

& we will discuss how I can build you a completely passive rental portfolio.

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-

NO ONE SELLS MORE MULTIFAMILY IN CLEVELAND THAN HOLTON-WISE! 

400 Investor Rental Units in the Cleveland area can't be wrong! Come see why investors love Holton-Wise and keep coming back for more passive investments! 

Contact me to schedule a tour of the Cleveland area and available property!

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

Offering

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