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Updated over 7 years ago on . Most recent reply

User Stats

161
Posts
50
Votes
Antonio Biasiotta
  • Investor
  • Cleveland, OH
50
Votes |
161
Posts

TurnKEY Single Family Investment

Antonio Biasiotta
  • Investor
  • Cleveland, OH
Posted

An amazing value located in the middle of a close-knit, family driven community! This tenant-occupied investment home features 4 spacious bedrooms, 1 full bathroom, and is well maintained.

This is your lucky day, comps and estimates for this home/area are in the 85k+ range! 

Seller looking to divest portfolio. Pride of ownership. Long term tenant. Property is in great shape and ready to be a money maker. 

Property is located in a Cleveland Heights, Ohio Zip code 44121

CLICK HERE to see the Holton-Wise Property Group grade that this neighborhood got.

Asking price $65,000.00 - Contact me to see what the comps are in the surrounding area.

Rent - $950.00

Tenant occupied and wants to stay.

Property is TURNkey

Need financing? We have that covered for you. We have several lenders we can set you up with.

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

  • Down payment $16,250
  • Up Front costs $2,000.00*
  • Estimated Yearly Rents $11,400
  • Estimated Yearly Expenses $5,700.00
  • Yearly Debt service $2,964.11
  • Net cash flow after expenses & debt service $2,736.00

CASH ON CASH RETURN 15.0%

Contact me for additional information

[email protected]

Offering

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