New Hot Buys of the week

62 W Glendale St, Bedford Ohio 44146

Large two Family Home in Beautiful Bedford Ohio. 2 Bedrooms and 1 bath in down unit and 3 bedrooms and 1 bath in up unit. Spacious rooms throughout. Large yard with plenty of parking. Great location close to downtown Bedford and all Bedford amenities.
    Property #’s Below:
  Asking Price ----------------------------------------------------------------- $40,500
Offer Price ------------------------------------------------------------------ $32,000-
Settle around $35,000
Rehab Cost ----------------------------------------------------------------- $ 35,000
Total Purchase and Rehab Cost ----------------------------------- $67,000 to $70,000      
After Expenses Positive Cash Flow $1000 after expenses.
  Rent ---------$650 down unit and $800 Up unit----------------------- $ 1450
 Taxes ---$2060 a year ---------------------------------------------------- $ 172
 Prop Management -------------------------------------------------------- $ 145
 Insurance ------------------------------------------------------------------ $ 75
Water and Sewer -------------------------------------------------------- $ 50
 Positive Cash Flow -------------------------------------------------------- $ 1008
  Net Return ------------------------------------------------------------ 17% to 18 %
 

3755 Sherwood Rd, South Euclid Ohio 44121

Beautiful 3 Bedroom 1 ½ bath home in South Euclid Ohio. Large master bedroom, enclosed Porch, Full unfinished basement. Hard wood floors throughout. Great Schools and close to public transportation . 
  Property #’s Below:
  Purchase Price -------------------------------------------------------- $8,000
 Rehab Cost ------------------------------------------------------- $37,000 to $39,500    
After Expenses Positive Cash Flow over $624
  Rent ------------------------------------------------------------------ $ 950 T
axes ---$2300 a year ---------------------------------------------- $ 191
Prop Management -------------------------------------------------- $ 95
 Insurance ------------------------------------------------------------- $ 40
 Positive Cash Flow -------------------------------------------------- $ 624 ---------------------------------------------------------------- 16 %