MULTI-FAMILY 40% CoC CLEVELAND. 50% OCCUPIED @FEDTHEREALTOR

[Federico Gutierrez]

DISCLAIMER: HOLTON-WISE PROPERTY GROUP WILL NOT BE MANAGING THE PROPERTY. JUST THE SALE OF THE PROPERTY

Great Investment opportunity, with new newer windows, newer furnaces. Property is currently occupied with one tenant paying $527/month through CMHA. One new furnace was installed last year, other had newer blower installed. Both water tanks are less than 10yrs old. Could easily get your $1000/month and make your money back in 3yrs! Upstairs has been freshly painted.

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

• Down payment $ 29,900.00
• Up Front costs $ 3,000.00
• Estimated Yearly Rents $ 12,000.00
• Estimated Yearly Expenses $ 4,500.00
• Yearly Debt service $ 1,363.49
• Net cash flow after expenses & debt service $4,636.51

CASH ON CASH RETURN 44.3%

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

Follow me on Twitter and get the latest updates

*Featured properties is listed by the office/agent presenting this brochure*