Showing posts with label property investment firms. Show all posts
Showing posts with label property investment firms. Show all posts

Tuesday, October 9, 2012

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 %