Cleveland Investment Real Estate FINISHED CHECK IT OUT

 This is a property we purchased for $90,000 and put $16,000 in Rehab. Go through the update videos and see how we detailed the home.

The property leased for $1250 a Month in 23 Days so let's break down the current numbers. The Value according to the MLS is around $130,000.  Take the the $130,000-$106,000= $24,000

Let's look at the approx numbers on the lease net

Rent                  $1250 a month

Tax                    $  157 a month

Insurance           $   60 a month

P/M                   $  110 a month

Net $926

$926 x 12 = $11,076

The Approx profit is $11,076 + $24,000= $35,076

There will be maintenance from the property manager on the property, but in our history that is very low.  This home is in an area that people want to live and work in.

Here are all the Pictures and Videos for this home. We really want to keep our clients updated and informed on the process of their homes. Go through the pictures and videos and compare.

Then call me (Brett) 216-703-5740 Fathom Realty 

Click here for before pictures  

Click here for after pictures 

 

 

  

  

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