Cash Flowing Turnkey Rental Property Available!

4336 E 144th St, Cleveland, OH 44128

$45,000 After Repair Value -
$33,500 Asking Price -
$0 Cost of Repairs =
$11,500 Potential Profit

Property Details

Asking Price $33,500

After Repair Value $45,000

Costs of Repairs $0

Potential Profit $11,500

Living Area 700 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $700

Yearly Expenses $1,000

Property Taxes $700

Net Operating Income $6,700

Cap Rate 20%

Property Description

This property is currently has a tenant in place at $700 a month, lease expires next year May 2020. The property needs no work at all, it has been completely updated throughout. Property is available through assignment contract for a total price of 33,500. Market Value for this home is 40,000-45,000. Quickly gain a nice annual return on your investment.


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