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Cash Flow!! Cash Flow!!!

Front of Duplex

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Residential, Cleveland OH Sold
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Too Late! This one is gone. Our Properties Sell Very Fast Because Of The Deep Discounts.
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Price: $7,550Est Amount of Repairs: $25,000
After Repaired Value: $0Est of Taxes, Ins, Attorney: $210
Est Equity: $0Required Deposit: $1,000

Contact Us About This Property

Great Rental Opportunity in Cleveland!! a 4/2 Duplex with over 2100 s.f. Listen the appraisal is in the works, but since this is such a great opportunity for rental we just had to put it out. Plus this would be a Cash Deal. Per the Appraiser this house can rent from $500+ (per unit) with a conventional tenant and with a section 8 tenant (for a 2/1) the going rate is $650.00. THAT'S $1000.00 - $1300.00 in rent each month. The appraiser also says as a preliminary guestimate of the ARV would be around $40k +. We have had contractors go out and it will cost anywhere between $25,000.00 - $30,000.00 for repairs. You can be in this cash flow machine for less than $40k. Now let's look at the money! Over and above your mortgage on this one you would be cash flowing a minimum of $650 - $950!!! Now here is the BIG one!! If you do this cash you can be netting the whole rent each month. This would be a great property for anyone!!! It's a 4 degree win (win on all sides)!! CALL ME NOW BEFORE THIS ONE IS A GONER!!!


Additional Photos (Click to Enlarge)

Kitchen


Interior


Back of Duplex
Back porch can be left or torn down



Related Documents
Contract Package
Lead Based Paint Brochure
Renovate Right
Repair List


Listing Details
Market:North East
Address:11816 Forest Ave
Cleveland,OH
Bedrooms:4
Bathrooms:2
Vacant:Yes
Rented:No
Contact information:
Lynda Anderson Acquisition Manager / Team Leader
803-831-2262

Additional Comments:

How to Buy
To put this property under contract please download the Contract Package (see Related Documents above). Fill out and send back to us along with the required deposit.



* All properties Subject to errors, ommissions, deletions, additions, cancellation, financing qualification if applicable and prior sale. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due dilligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed.



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