Duplex in C Grade Area. Cleveland BRRR, potential 17.9% CoC. $60K

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Duplex in C Grade Area. Cleveland BRRR, potential 17.9% CoC. $60K

Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes

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.

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

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  • Investor · Chagrin Falls, OH · Member since 2016 · 70 posts · 30 votes
    9y

    Is this property still available? 

  • Investor · Marysville, OH · Member since 2017 · 39 posts · 12 votes
    9y

    Available? Address?

  • Realtor · Cleveland, OH · Member since 2015 · 2k+ posts · 857 votes
    9y

    Property went under contract in 7days!!

    Address is 3456 W 95th, Cleveland

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