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PROPERTY OVERVIEW

Top to bottom renovations make this totally Turnkey and ready for renters!
 
Excellent area mostly comprised of home owners -  rental supply is extremely limited!
 
 Over 11% Cash on Cash return projection for our financed Buyers - based on core financial estimations.
 
 
One of the most popular location in Cleveland: LYNDHURST!
 

RENOVATION HIGHLIGHTS

  • Brand New Remodeled Kitchen 
  • New Flooring 
  • Newly Renovated Baths
  • Freshly Painted throughout 

 

 

PROPERTY FEATURES

  • Private Huge Backyard w/ Patio
  • Mater Bedroom w/ 4 closets 
  • Partially Finished Basement 
  • Second floor Balcony 

 

INVESTMENT HIGHLIGHTS

  • LOCATION! 
  • Double Digit Cash on Cash Return
  • Fully Renovated and Turnkey

Projected Year 1 Core Financials

Estimated Monthly Rent: $1,800

Gross Annual Income: $21,600

 

Property Tax: $4,523

Property Mgmt: $2,160

Insurance: $500

 

Projected NOI: $14,417

 

Cap Rate: 6.85%

 

Direct Price: $219,000

Price w/ Agent: $235,000

 

20% Down: $43,800

 

Cash on Cash: 11.24% 

 

(Based on Core Metrics - For Estimation Purposes Only)

 

Disclaimer: The estimated analysis are presented in good faith and in no way represent a commitment on the part of the Seller(s), or any affiliate thereof, to provide the returns indicated herein. Please be sure to understand the risks associated with investing in real estate and make appropriate assumptions; while 1-year (3rd party) warranties are typically offered as a mitigator for certain expense risks, they should not be a replacement for normal rental property assumptions. Any promotions or other marketing statements must be included in the transactional paperwork associated with the property in order to be valid. Please be sure to conduct your own due diligence and seek your own professional advice.

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