$ 75,000
3 bd
1 ba
1,081 sqft
Turnkey Income Property
Monthly Rent: $850
Coming Soon: **94 W 102 ST Cleveland, OH 44111

Sale Pending

Property Overview

UPDATED PICS COMING SOON: Property is undergoing a turnover refresher and will be offered on the MLS to both investors and homebuyers alike AT A MUCH HIGHER PRICE!. Almost no inventory is available in this very popular area in Cleveland. OUR DIRECT BUYERS HAVE AN OPPORTUNITY TO RESERVE WITH US NOW! Click the RESERVE NOW button and let's get started!
  • 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.
  • Recently Renovated

    i recently tooltip sentence describing this service

Property Features

  • Beautiful Fenced in Backyard
  • Very Spacious Upstairs Bedroom
  • Clean Looking White Cabinets
  • Open Basement for Extra Storage
  • Generously Sized Bedrooms

Property Highlights

  • Fresh turnover rehab
  • Popular Area and within Proximity to Attractions
  • 1 Year Home Warranty w/ APHW
  • Very low Property Taxes
  • Perfect Property for Beginner Investors

Projected Year 1 Core Financials

(for estimating purposes only)

Monthly Rent: $850

Gross Annual Income: $10,200

Property Tax: $1,068

Property Mgmt: $1,020

Insurance: $500

Projected NOI: $7,612

 

Cap Rate: 10.15%

Cash on Cash: %

 

Direct Price: $75,000

Price w/ Agent: $N/A - Direct Only

20% Down: $15,000

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.

Direct Offer

Price w/ Agent

20% Down Payment

Preferred Lenders LINK

Annual Gross Income

Est. Annual Property Taxes

Annual Property Management

*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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