SFR in Maple Heights, OH. 19.5% CoC @FedTheRealtor

[Federico Gutierrez]

Offered by a long time owner of 22 yrs, this colonial has 1320 sq ft with three bedrooms plus a second floor office/tv room. The first floor has an "L" shaped living room with decorative fireplace, dining room, and kitchen with a small eat-in area. The appliances are included. There's a lower level rec room or man cave. The roof is 3 years old and the roof on the garage is 1 yr old, some newer windows, and glass block windows in the basement. The two plus detached garage has plenty of room for all your toys or storage. A covered patio offers protection from the elements and to enjoy the outdoors. The fully fenced large yard provides security for small children and pets and space for the gardening enthusiast.

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

• Down payment $ 12,475.00
• Up Front costs $ 2000.00
• Estimated Yearly Rents $ 10,200.00
• Estimated Yearly Expenses $ 5,100.00
• Yearly Debt service $ 2,275.52
• Net cash flow after expenses & debt service $ 2,824.48

CASH ON CASH RETURN 19.5%

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.

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