Thursday, October 11, 2012

Bedford Ohio Duplex Makes 17%

Play this Video to view this property in detail



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

THIS PROERTY IS UNDER CONTRACT AND AVAILABLE, GREAT CASH FLOW.   Property #’s Below:
Purchase Price ------------------------------------------------------------- $37,000
Rehab Cost ----------------------------------------------------------------- $ 33,000
Total Purchase and Rehab Cost -------------------------------------- $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 %

No comments:

Post a Comment