$25k Cleveland Area Investment Property w/ 15% Returns

[Isaac Taylor]

CLEVELAND INVESTMENT PROPERTY OVERVIEW

• Market: Cleveland Metro Area
• Listing Price: $25,000
• Rehab Estimate: $15,000
• Address: Princeton, South Euclid, OH 44121
• Beds / Baths / Sq Ft: 4 beds / 2 baths / 1,557 sqft
• Property Description: Value priced detached Cape Cod with 3 bedrooms and 1 bath with a front porch and fenced yard.

FINANCIAL SUMMARY - Click for Detailed Breakdown

At Listing Price Purchase Price: $25,000 Rehab: $15,000 Closing Costs: $750 Total Investment: $40,750 Financed Amount: N/A Cash Investment: $40,750 Annual Revenue: $12,600 Annual Expenses: $8,378 Net Income: $5,589 Annual Return: 14% Annual Appreciation: $500 Total Return Potential: 15%

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