Renovation Highlights

  • Updated kitchen and baths!
  • New high efficiency furnace and AC condenser!
  • Drywall repairs and fresh paint throughout!
  • New flooring & carpet throughout
  • Fresh Interior Paint Throughout
  • Fresh Exterior Paint
$ 69,500
3 bd
1.5 ba
1352 sqft
Turnkey Income Property
Monthly Rent: $895
**608 Eldamere, Cleveland, Ohio

Property Overview

Remodeled turnkey investment property in Cleveland with very low taxes!
  • Fully Renovated

    i Fully renovated is a general marketing term applied for properties which have undergone comprehensive renovation and/or refurbishment improvements. Please review the “Renovation Highlights” and be sure to inquire about specific improvements were completed to properties in which you have interest. Ultimately, you should only depend on your observations and any reports obtained for complete accuracy.
  • 1 Year Warranty

    i This property is offered for sale in a structured format designed for turnkey property buyers. As such, a 1 year home warranty is included in the price and is currently offered through America’s Preferred Home Warranty (APHW). APHW forms must be included in your purchase-paperwork package in order to apply. Please refer to this documentation for program details.
  • Financing Available

    i This property is eligible for financing. You are welcome to use your own lenders (please have a qualified lender pre-approval ready), or ask us for our preferred lenders and we are happy to provide a referral.

Property Features

  • 3 beds/ 1.5 baths / 1,352 Sq. Ft.
  • Fully renovated, turn-key ready
  • New Carpet floors throughout
  • Freshly painted, detached garage
  • Partially finished basement

Property Highlights

  • Just leased in September 2019!
  • Buy for only $69,500!
    • Sold 12 years ago, in 2007 for $118,000!
  • Up to 85% LTV Investor-Financing Available
  • Property Management in place
  • Low property taxes!

FINANCIAL OVERVIEW: Eldamere

Direct Offer

$69,500

Price w/ Agent

$72,500

20% Down Payment

$13,900

Preferred Lenders LINK

Annual Gross Income

$10,740

Est. Annual Property Taxes

$1,602

Annual Property Management

$1,110

*Rate is for illustration only. Lender fees may apply.

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. Any promotions or other marketing statements must be included in the transactional paperwork associated with the property in order to be valid. 2020realestate.com is not a lender or property owner. Please be sure to conduct your own due diligence and seek your own professional advice.

Resources

Preferred Insurance Provider

NREIG.com

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