New Hot Buys

500 Babbit, Euclid Ohio 44123

Beautiful 3 Bedroom 1 ½ bath home in Euclid Ohio. Large bedrooms, Kitchen living room and dining room. We are going to finish the basement into a large rec room. Hard wood floors throughout and attached garage. Large lot with a fenced in back yard. Great Schools and close to public transportation.

  THIS PROPERTY IS UNDER CONTRACT AND IS AVAILABLE TO PURCHASE  

Property #’s Below: Purchase Price -------------------------------------------------------------- $ 17,500 Rehab Cost ------------------------------------------------------------------ $ 32,000
 Total Cost ------------------------------------------------------------------- $ 49,500
Market Value ------------------------------------------------------- $ 70,000 to $ 75,000  
After Expenses Positive Cash Flow over $624
 Rent -------------------------------------------------------------------------- $ 950
Taxes ---$2300 a year ----------------------------------------------------- $ 191
Prop Management --------------------------------------------------------- $ 95
 Insurance -------------------------------------------------------------------- $ 40
 Positive Cash Flow --------------------------------------------------------- $ 624
 ROI ------------------------------------------------------------------------- 15 %