Great curb appeal on this 3 bedroom bungalow that offers 1 full and 2 half bathrooms, a carpeted rec room, 2 car detached garage and central air! The front door opens to a large carpeted living room that leads to a small dining room off the kitchen with allure flooring! The galley style kitchen has built in microwave, gas stove and fridge provided! Pantry closet, and ample cabinetry/counter space too! 2 bedrooms on the 1st floor with carpeting, and the full bathroom with modern pedestal sink, linen storage space, and full tub/shower combo! The basement offers a separate laundry room with half bathroom, washer/dryer hook ups, workshop area, and the rec room that is carpeted as well! The 2nd floor is the carpeted dormer/3rd bedroom with half bathroom, built in shelving, and has a seating area too! Tenant occupied with long term tenant, in a lease until 12/31/2018 - paying $935/month and all utilities incl. water/sewer/gas and electric. INVESTORS ONLY!

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

Down payment $ 13,750.00
Up Front costs $ 1500.00
Estimated Yearly Rents $ 11,220.00
Estimated Yearly Expenses $ 5,610.00
Yearly Debt service $ 2,508.09
Net cash flow after expenses & debt service $ 2,356.43

CASH ON CASH RETURN 20.3%

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

Read my Zillow Profile and my outstanding work ethic for my clients

Follow me on Twitter and get the latest updates

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

Offering

0 Votes