Want to make 18%?
2100 Sqft Duplex that has 3 Bedrooms and 1 full bath in each unit. .106 ac of land with plenty of parking area. This Duplex is located in Beautiful Lakewood Ohio. These type of duplex’s in Lakewood Ohio are in high demand and comp for $110,000 and $120,000 after rehab. All utilities are paid by the tenants other than sewer and water. An additional $ 50 per month will be added to the monthly rent to cover water and sewer. Property #’s Below:
Purchase Price ------------------------ $33,000
Rehab cost ---------------------------- $36,000
Total cost of purchase and Rehab ------ $69,000
After Expenses Positive Cash Flow over $1000 after expenses.
Rent ---------$750 per side------------ $ 1500
Taxes ---$3092 a year ----------------- $ 258
Prop Management --------------------- $ 150
Insurance ----------------------------- $ 60
Water – An extra $50 per side will be collected per month for water -------------------- $ 30
Positive Cash Flow -------------------- $ 1002
Net Return ------------------------------ - 18 %
Call Brett 602-363-6551
Purchase Price ------------------------ $33,000
Rehab cost ---------------------------- $36,000
Total cost of purchase and Rehab ------ $69,000
After Expenses Positive Cash Flow over $1000 after expenses.
Rent ---------$750 per side------------ $ 1500
Taxes ---$3092 a year ----------------- $ 258
Prop Management --------------------- $ 150
Insurance ----------------------------- $ 60
Water – An extra $50 per side will be collected per month for water -------------------- $ 30
Positive Cash Flow -------------------- $ 1002
Net Return ------------------------------ - 18 %
Call Brett 602-363-6551
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