Warrensville Heights, OH 11.08% – 12.4% Net Cap Sold

  • $62500
  • 1 beds
  • 4 baths
  • 1152 sqft
Sold

Characteristics

Bedrooms:   4 beds

Bathrooms:   1 bath

Single Family:   1,152 sq. ft.

Lot Size:   5,088 sq. ft.

Year Built:   1952

Stories:   1 on a slab

Parking:   Driveway Only/ No Garage

 

Price
$62,500 (Sold in 2000 for $66K)

 

Income (numbers are based on an annual basis and rental amount is based on nearby rentals)
$11,100 ($925 month) or Go Section 8/Eden $12,000 ($1,000 month)

 

Expense
$1,500 Taxes $1,500 Taxes
$620 Insurance $620 Insurance
$570 Maintenance $570 Maintenance
$570 Vacancy $570 Vacancy
$912 Management @ 8% $960 Management @ 8%

Net Income Cash‐on‐Cash                            Net Income Cash‐on‐Cash
$6,928 ($577 monthly) 11.08%                       $7,780 ($648 monthly) 12.4%

 

Comps

 

 

 

 

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 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.

Price:
$62500
Address:
19607 Cherrywood Lane
Warrensville Heights, Ohio 44128
Square Feet:
1152
Lot Size:
5088
Bedrooms:
1
Bathrooms:
4
Terms:
For Sale
Property Type:
Home
Year Built:
1952
Const. Type:
Single Family

Call 888-234-9828 for more details

Property Location