Duplex in B Grade Cleveland. 14% CoC 100% Occupied @FedTheRealtor

[Federico Gutierrez]

Full Rented, Well-Maintained Investment Opportunity!!! Both units have been updated throughout with newer Kitchens and Baths, newer roof, newer hot water tanks, and finished Rec Room with glass block windows. Each Unit features an enclosed porches and tenants share the spacious 2 Car Garage! Neutral colors throughout and all appliances stay. Gross annual rent income is $18,000! Just minutes from Cleveland Clinic, UH, Case, University Circle, as well as shopping and dining, making these unit a breeze to rent!

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

• Down payment $ 24,750.00
• Up Front costs $ 5000.00
• Estimated Yearly Rents $ 17,700.00
• Estimated Yearly Expenses $ 8,050.00
• Yearly Debt service $ 4,514.57
• Net cash flow after expenses & debt service $ 4,335.43

CASH ON CASH RETURN 14.6%

Contact @Federico Gutierrez. Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

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