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Updated almost 8 years ago,
Duplex in C Grade Area. Cleveland BRRR, potential 17.9% CoC. $60K
This two-family is a truly a great opportunity for an Investor. The sellers have used this property as a family home for over 50 years, so it has been extremely well cared for. Both units have large eat-in kitchens, and hardwood floors under the carpets. There is a large unfinished walk up attic and basement for extra storage space. There is a Cinder Block garage with plenty of electrical services.
- Down payment $ 14,975.00
- Up Front costs $ 10,000.00 (painting entire house, updating kitchen and bathrooms)
- Estimated Yearly Rents $ 14,400.00
- Estimated Yearly Expenses $7,200.00
- Yearly Debt service $ 2,731.54
- Net cash flow after expenses & debt service $ 4,468.46
CASH ON CASH RETURN 17.9%
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*