Garfield Heights, OH Rental Income Cash Flow Sold

  • $59,000
  • 3 beds
  • 1.5 baths
  • 8054 sqft

13501 Cranwood Park Blvd.
Garfield Heights, OH 44125
Square Feet:
Lot Size:
For Sale
Property Type:
Year Built:
Const. Type:

Additional Features

Characteristics Bedrooms: 3 beds Bathrooms: 1.5 bath Single Family: 1,170 sq. ft. Lot Size: 8,054 sq. ft. Year Built: 1956 Stories: 2 with Attic/Basement Parking: Detached ‐ 2 Space Garage Price $59,000 Income Current market rent range between $850 – $950 per month $10,800 Annual Gross Income Expense $2,100 Taxes (current taxes are $1,743) $620 Insurance $540 Maintenance $540 Vacancy $864 Management @ 8% Net Income Cap Rate $6,136 ($511 monthly) 10.4% Comparable Sales 4705 Hillside Ave 3/1/980 sqft Sold: $56,000 on 01/2018 rent ready 13201 Cranwood Park Blvd 3/1.5/1,320 sqft Sold: $85,000 on 05/2017 in need of rehab 13709 Dressler Ave 3/1.5/1,120 sqft Sold: $67,500 on 04/2017 need cosmetics only Includes: ~ Rehab to be City Approved ~ 1 Year Home Warranty ~ Professional Property Management Discounted ~ Free Consultation – during property ownership *All information provided is approximate and should be verified by the purchaser. There are no guarantees information is accurate. **ROI is determined by cash flow, market appreciation, tax savings, principal pay down, and rental income. Past performance is no guarantee of future results and individual results may vary. The information and any statistical data contained herein have been obtained from sources which we believe to be reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. All opinions expressed and data provided herein are subject to change without notice. Past performance is no guarantee of future results, and current performance may be lower or higher than the performance data quoted. Results shown here are not typical, results will vary based upon real estate prices, interest rates, creditworthiness and many other factors. All information provided is approximate and should be verified by the purchaser. There is no guarantees information is accurate.

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