Duplex in C Grade Cleveland. 10% CoC. @FedTheRealtoreRealtor

[Federico Gutierrez]

This multifamily colonial has 4 bedrooms and 2 full baths. There is a three car detached garage and two newer furnace and hot water tanks in the basement. This is situated in a lovely neighborhood on the city's west side. Both units have an open porch for lounging. They also have separate front door entrances. All rooms have ample amount of space. Kitchen has wooden cabinets with good amount of storage space

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

• Down payment $ 19,500.00
• Up Front costs $ 3,000.00
• Estimated Yearly Rents $ 13,200.00
• Estimated Yearly Expenses $ 6,600.00
• Yearly Debt service $ 3,556.93
• Net cash flow after expenses & debt service $3,043.07

CASH ON CASH RETURN 13.5%

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.

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