*Profit* Real Estate Verified 1811 E 298Th

 

 

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This was a property that we purchased in April 2022 for $90,500 and added $14,800 in updates for a total of $105,300.  We leased this property in 1 Day for $1350 in May 2022. Let's look at the Rent deposited in the owners Account.  2022  $  8,717 2023  $13,511 2024  $11,367 (lease increased to $1450 a month) 2025  $ 2,225 Total $35,820 This property was leased to a Restaurant owner that wanted to keep his cook happy and have a great place to live.  Let's look at the approx worth of the property today$175,000 with adding a bathroom ($12,000) $175,000-$105,300-$12,000 (Bathroom)= $57,700 Equity $57,700+ Income $35,820 = $93,520 33% return Contact Brett 216-703-5740 Key Realty and Property Management