4 Bedroom and 1 ½ bath Large Cape Cod in Maple Heights. Features large Bedroom’s with nice enclosed front Porch. Beautiful Crown molding and hard wood floors throughout home. Deco fireplace in living room. Full basement and detached 2 car garage.
Garfield Heights, Ohio make 19% with this weeks property
Garfield Heights Ohio is waving the point-of-sale deposits temporarily to encourage more investors to buy real estate in their area. Garfield Heights is a great area to invest in. They have built a new high school and have a great downtown area.
We have purchased homes in this area and have been very successful at getting higher rents and quality tenants.
Example 5117 E. 115th Street is a four-bedroom two bath property that is rented out for $1000 per month and cash flows $600+ a month. This home is in a great neighborhood and offers a great school system. This property was rented before construction was done on it.
Example 2 15015 Langton is a five bedroom 2 1/2 bath property that gets $1050 per month and is also very nice property on a great Street. This home also rented very quickly before construction was even finished. This home cash flows $650+ a month net.
The special this week is a duplex in this area that we can done for $50,000. This duplex will lease out for $650 per unit for a total of $1300 per month gross rent. It will cash flow over $750 plus net a month. That's a 19% return on your money with rental income. This property is in excellent condition and will be rehabbed ensure you get the higher rental rates.
We will have this property rehabbed in 3 to 4 weeks and should be rented before construction is finished or shortly thereafter. Check out this great duplex below video.
This is a great duplex in Cleveland Heights Ohio, these units will rent for $700 per unit and will cash flow over $900 net per month. The purchase price is $10,000 and the total price with rehab is $50,000. You will get a completely remodeled duplex that will cash flow $10,800 per year for $50,000. We also have a limited liability company set up for you on this property. That is included in the price.
Also included is an insurance policy that will guarantee rent for six months after we get a rented. We will cover that policy for the first year. Just so you know this property will net cash flow you 22% a year! Try to get that the stock market or bond market we aim to please our clients with the finest real estate in America. This property as you'll see in the video is in a great neighborhood and a great Street. We will give very quality tenants for these units.
So call Brett to reserve this duplex 602 – 363 – 6551
Lakewood Ohio Duplex $1100 per month Net
We have two great deals this week in the first one is a duplex in the Lakewood Ohio area that will cash flow net $1100 per month. This property will rent for $1650 per month and is worth in today's market $110,000 – $120,000. We just rented out a duplex both units two bedroom one bath for $700 per unit per month. These are all cash renters and the area is in very very high demand.
I should mention the duplex we just rented out in Lakewood is only 50% done and we already have deposits on both units. I've enclosed the video of that property below so you can see how far along we are on it.
So if you want very high demand properties then Lakewood is your area for duplexes. This duplex with purchase and rehab will cost you $72,000 total. Let's look at the returns on the rent you have a 15% return in on the equity you have a 64% return. Wow that is amazing, this is a truly very quality very nice area that is in great demand and we can rent all the duplexes we can buy. Click below to view this property.