Thursday, August 2, 2012

Making 16% Interesting?

985 Selwyn Rd, Cleveland Heights Ohio 44112
Available to Purchase

Single Family 4 Bedroom 1 Bathroom Home in Beautiful Cleveland Heights, Ohio. Large kitchen with separate Dining and Living room. Spacious Living room and Bedrooms. A large 4 th bedroom will be added upstairs on the 3 rd floor. This house also has a double car garage. Close to public transportation. This is a great Buy and Hold Cash Flow Property    

Property #’s Below:
Purchase Price ---------------------------------------------------$ 22,500
 Total Cost including rehab and purchase-------------------$ 54,500      
After Expenses Positive Cash Flow $730. 
  Rent ------------------------------------------------ $ 975
 Taxes ---$1221 a year ----------------------------- $ 102
 Prop Management -------------------------------- $ 97
Insurance ------------------------------------------ $ 40
 Positive Cash Flow -------------------------------- $ 736  
ROI ----------------------------------------------- 16 %

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