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Updated about 8 years ago,

User Stats

2,081
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856
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
Posts

Cleveland Duplex for under $70000! 20% CoC. Passive Income!

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

Great large double on corner lot. Super Buy. Awesome potential for rental income. Beautiful porches. Private fenced in area. Close to public transportation. Separate utilities. Large rooms. High ceilings.

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

  • Down payment $ 17,475.00
  • Up Front costs $ 5000.00
  • Estimated Yearly Rents $ 15,600.00
  • Estimated Yearly Expenses $ 7,800.00
  • Yearly Debt service $ 3,187.56
  • Net cash flow after expenses & debt service $4,612.44

CASH ON CASH RETURN 20.5%

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.

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

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

Offering

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