Friday, June 29, 2012

4 Bedroom Home $19750


3406 Sylvanhurst Rd, Cleveland Heights Ohio 44112 Beautiful and unique opportunity in Beautiful Cleveland Heights Ohio. Charming Colonial with large front porch, rear 2 nd floor balcony and a beautiful Fire place. This home is currently a 3 bedroom 1 ½ bath home with large living, dinning and bedrooms. We are adding a large 4 th bedroom upstairs. Great Schools and close to public transportation and University Hospital.
Property #’s Below: Purchase Price ----------------------- $19,750
 Rehab cost --------------------------- $ 33,000 to $34,000
 After Expenses Positive Cash Flow over $750
Rent---------------------------------- $ 1100
Taxes ---$2182 a year ---------------- $ 182
Prop Management ---------------------- $ 110
 Insurance ---------------------------- $ 50
Positive Cash Flow ------------------- $ 758
 ROI --------------------------------- 17% to 18%

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