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Updated almost 7 years ago,

User Stats

2,081
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856
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
Posts

ACT QUICK 19% COC! DOUBLE IN EUCLID, OH UNDER MARKET VALUE $69.9K

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

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Great rental property investment in Euclid, OH! This is a B area. Unit has Newer carpet. Each unit has two bedroom, one bath. Two car garage. Both units are vacant. Buyer to assume POS violations. Message me for a copy of POS. Don't delay this property won't last more than 72hrs on the market.

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

  • Down payment $ 17,475.00
  • Up Front costs $ 5,00.00.
  • Estimated Yearly Rents $ 15,000.00
  • Estimated Yearly Expenses $ 7,500.00
  • Yearly Debt service $ 3,187.56
  • Net cash flow after expenses & debt service $4,312.44

CASH ON CASH RETURN 19.2%

Meet your favorite Aussie Realtor @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

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