Tuesday, October 16, 2012

New Hot Buys

1277 Plainfield Road South Euclid Ohio 44121

This large 3-5 bedroom home in South Euclid Ohio is available for purchase and rehab! This home features a large kitchen, main floor half bath, cozy front porch, 3 bedrooms and full bath on the second floor, and finished bathroom in the basement. Basement also features 2 rooms that could be refinished into very nice bedrooms. This 5BR 2.5BA home makes a great lease option or rental!  
Property #’s Below:
Asking Price -------------------------------------------------------$ 19,900
 Offer Price --------------------------------------------------------- $ 16,000 to $19,900 Rehab-------------------------------------------------------------- $ 35,000- 37,140  
After Expenses Positive Cash Flow $970.25.
Rent -------------------------------------------------------------- $ 1,100
Taxes ---$2,845 a year ----------------------------------------- $ 237.08
Prop Management ----------------------------------------------- $ 110
 Insurance ---------------------------------------------------------- $ 40
 Positive Cash Flow --------------------------------------------- $ 970.25 ROI ------------------------------------------------------------- 15% to 16 %
 
20331 Crystal Ave. Euclid Ohio 44123


This is a large up and down Duplex home in beautiful Euclid, Ohio. This house features a two car garage. Large utility/laundry room located on the side of the house. Garage/parking area is fenced in. Wood floors throughout both units!

  Property #’s Below:
  Asking Price -------------------------------------------------------$ 23,150
Offer Price --------------------------------------------------------- $ 17,000 to $23,150 Rehab-------------------------------------------------------------- $ 52,000-54,470
After Expenses Positive Cash Flow $910.25 
 Rent --------------------------------------------------------------- $ 1,400
Taxes ---$2,757 a year ------------------------------------------- $ 229.75
Prop Management ----------------------------------------------- $ 140
 Insurance --------------------------------------------------------- $ 60 Utilities-------------------------------------------------------------$ 60
 Positive Cash Flow ----------------------------------------------- $ 910.25 ROI ---------------------------------------------------------------- 15% to 16 %  

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