Thursday, June 14, 2012

Lakewood home Rents for $1450

1336 Thoreau Lakewood Ohio
WOW! Lovely 4 Bdrm Colonial awaiting your decorating touches! Living Room w/built-ins. Formal Dining Room with French Doors perfect for your entertaining needs! Great Kitchen! Large Master Bedroom! 29x15 3rd Floor Bdrm! Super Lower Level Rec Room With Knotty Pine And Built-ins! Wood Deck great for the summer months! 2 Car Gar! Much More! 1875 Sf Home  



This is a great Lease Option Property! The lease option price will be $120,000-$125,000
Property #’s Below:
Purchase Price ----------------------------------------------- $33,000
Rehab cost ---------------------------------------------------- $40,000
Total cost of purchase and Rehab ------------------------- $73,000
 After Expenses Positive Cash Flow over $969 after expenses. Rent ------------------------------------------------------------ $ 1450
Taxes ---$3349 a year --------------------------------------- $ 279
Prop Management -------------------------------------------- $ 142
 Insurance ------------------------------------------------------ $ 60
 Positive Cash Flow -------------------------------------------- $ 969
 Net Return ------------------------------------------------------- 16%

 14215 Athens Lakewood Ohio
 Duplex in LakeWood
 
 1844 Sqft Duplex that has 3 Bedrooms and 1 full bath in one each unit and one 2 bedroom 1 bath unit . A 2 car garage with open porch. 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. This property is in a very high demand area and will rent quickly. We are currently doing one on 2029 Dowd and we already have both units rented. Our state-of-the-art marketing department make sure that each property is cash flowing



ASAP. Property #’s Below:
 Purchase Price ----------------------------------------------- $31,000
Rehab cost ---------------------------------------------------- $37,000
Total cost of purchase and Rehab ------------------------- $68,000
After Expenses Positive Cash Flow over $969 after expenses.
Rent ------------------------------------------------------------ $ 1475
Taxes ---$3768 a year --------------------------------------- $ 314
Prop Management -------------------------------------------- $ 150
Insurance ------------------------------------------------------ $ 60
Water – An extra $50 per side will be collected per month for water ----- $ 30
ositive Cash Flow -------------------------------------------- $ 921
Net Return ------------------------------------------------------- 16%

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