3 Income Properties W/Cash Flow And Management
Income Property With Current Cash Flow
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| Current Price |
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| Bid Count |
0 |
| Buy It Now Price |
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| Start Time |
Thursday, August 28, 2008 |
| End Time |
Saturday, September 27, 2008 |
| Location |
East Cleveland, OH |
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See more about '3 Income Properties W/Cash Flow And Management'
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Description
10820 GRANTWOOD: $65K Excellent investment property with existing cash flow, Equity and Property Management! This is a 5bdr/3ba single family, rehabbed less than one year age and has the following: new roof, new furnace, plumbing, paint, hot water tank, 2 car garage, new windows, existing tenant, $1,100 per month rental income, $28,000 in equity! This property is a steal, all you do is buy, and you’re already making money instantly! Property comes with property management so that the investor is worry free. Appraised value - $93K Taxes 600/yrInsurance 500/yrWater & Sewer 800/yrTotal 1900/yr Income: $1,100 x 12mos = $13,200/yr Net Income = $13,200 - $1,900 = $11,300 Annual return: $11,300/65,000 = 17% return 2797 e. 125TH St. $65K BEAUTIFUL 3 Unit investment property with existing cash flow, Equity and Property Management! This property is 3 units (upstairs, downstairs and back, rehabbed less than one year age and has the following: new roof, new furnace, plumbing, paint, hot water tank, , new windows, existing tenants in all 3 units, back unit is a sec. 8 tenant and $30,000 in equity. This property is a NO BRAINER, all you do is buy, and you’re making money instantly! Property comes with property management so that the investor is worry free. Appraised value - $95K Taxes 600/yrInsurance 500/yrWater & Sewer 800/yrTotal 1900/yr Income: $1,500 x 12mos = $18,000/yr Net Income = $18,200 - $1,900 = $16,100 Annual return: $11,300/65,000 = 24% return 1536-38 Belmar RED HOT 2 Unit investment property with existing cash flow, Equity and Property Management! This property is 2 units (upstairs and downstairs), rehabbed less than one year age and has the following: new roof, new furnace, plumbing, paint, hot water tank, existing tenants in both units, upstairs unit is a sec. 8 tenant and $32,000 in equity. This property is perfect for investors who want to make money instantly and easily! Property comes with property management so that the investor is worry free. Appraised value - $97K Taxes 600/yrInsurance 500/yrWater & Sewer 800/yrTotal 1900/yr Income: $1,350 x 12mos = $16,200/yr Net Income = $16,200 - $1,900 = $14,300 Annual return: $11,300/65,000 = 22% return 3 rental properties already filled with tenants Property located in the quiet streets of beautiful Cleveland, OH. Properties have a combined total of $4K in gross rental income, and combined total of nearly $100K in equity between all 3 properties. Property management is available as well, so all you do is buy and you immediately generate cash flow, with no hassle. Properties are priced at $65K per property individually or Total price for all 3 properties is: $165K $30K discount Annual combined gross rental income: $47,400 Annual ROI: 28.7% Combined $90K in equity Combined Property Value: $285K email: alexpriceonline@gmail.com Phone: 216-233-4986
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