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2213 Saratoga Ave, Cleveland, OH Investment Deal - AssetColumn

Below Wholesale SFH

2213 Saratoga Ave, Cleveland, OH 44109

$42,000 After Repair Value -
$22,000 Asking Price -
$10,000 Cost of Repairs =
$10,000 Potential Profit

Property Details

Asking Price $22,000

After Repair Value $42,000

Costs of Repairs $10,000

Potential Profit $10,000

Living Area 1200 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 2

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $750

Yearly Expenses $2,500

Property Taxes $1,422

Net Operating Income $5,078

Cap Rate 23

Property Description

2 bed 1 bath SFH fixer upper
1200 square feet
detached 2 car garage

Repairs Needed

Floors need new coverings\r\nWalls need repainted\r\nBathroom needs updated floor\r\nStove, refrigerator\r\nlandscaping\r\nGarage wall needs repair

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