Rent $1700 Tax $331 Insurance $60 Property Management $125 Net $1,184
Purchase $158,000 Rehab $25,000 Total $183,000
Approx Worth Per MLS $220,000 that is a $37,000 Equity Position
Exciting update: We've added a new full bathroom to this home, transforming it into a 3-bed, 2-bath gem. With all the necessary permits secured and approved, we're in the final stages of completing the renovations, set to hit the leasing market this week.
Situated in an area experiencing steady appreciation of approximately 4%-6% annually, this property promises a sound investment opportunity. Our meticulous work over the past 6 weeks has kept the project well within budget and on schedule, reflecting our commitment to a stress-free real estate experience. Personally overseeing each property visit ensures not just completion but also financial efficiency.
Nestled in a prime A area, this home is poised to attract quality tenants seeking the best. The upcoming Meijer's addition nearby adds to the appeal of the location. Our properties boast quick returns, with tenants typically staying for 25+ months, minimizing the need for frequent renovations and maximizing your profits.
Additionally, we offer warranties covering most interior items for the first year, providing added peace of mind. Experience a hassle-free approach to building wealth and income for your portfolio with us. While many investments may look promising on paper, our real estate ventures deliver success for our clients 99.5% of the time.
For more information, contact Brett at 216-703-5740, Key Realty and Property Management. Let's make your real estate journey a smooth and lucrative one.
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Thank you