Large 4 Bedroom Colonial home in beautiful Cleveland Heights Ohio. Cozy up to the fire place in the spacious living room. Walk out to the 2nd floor bedroom on to your balcony. Beautiful hardwood floors throughout. Large Lot and Double car garage. Close to the new 325,000 SF mall. We have no Vacancy in Cleveland Heights. We have 40+ homes in this area and everyone is rented at top rents! People want to live in this area!
Property #’s Below: Purchase Price —————————————————$ 18,900
Total Cost including rehab and purchase————--------------------—-$ 56,000-$59,000
After Expenses Positive Cash Flow $803 Rent ———————————- $ 1100-$1200
Taxes —$2850 a year ———————--------------------------------———– $ 237
Prop Management ———————————--------------------------------— $ 120
Insurance ——————————————----------------------------------—- $ 40
Positive Cash Flow ——————————--------------------------------—— $ 703-$803
ROI ——————————————————================—– 15%-16 %
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