Duplex in Cleveland, OH. 24% CoC for $62500. CAN'T BEAT THAT ROI!

[Federico Gutierrez]

Looking for your "first start" or "start-over" home AND income opportunity? Look no further! Clean, solid 2 Family with a large, deep fenced in yard on a quiet well-kept street on Cleveland's West side with many updates. Great location within a couple of minutes of I-480. Easy access to public transportation. Many updates in this move in ready charmer! Low maintenance vinyl siding! Newer windows! New hot water tank this year! Both units have updated flooring in kitchen and bathrooms, and new carpet in both units. Both units recently painted. The renovated over-sized two car garage has a new opener, gas lines as well as water lines making this ideal for a workshop or possibly even living space! The basement has been recently waterproofed and boasts new glass block windows. It also features an extra shower! Second floor unit is currently occupied.

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

• Down payment $ 15625.00
• Up Front costs $ 5000.00
• Estimated Yearly Rents $ 15,960.00
• Estimated Yearly Expenses $ 7,980.00
• Yearly Debt service $ 2850.10
• Net cash flow after expenses & debt service $ 5,129.90

CASH ON CASH RETURN 24.9%

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

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

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

Keywords: Cleveland, OHIO, Passive cashflow, Parma, Tenants, Occupied, CLE, Utilities Paid