15400 Rockside Road, Maple Heights Ohio 44137

15400 Rockside Rd., Maple Heights, OH 44137

House Sold - Maple Heights Ohio

Characteristics:

Bedrooms:       4 beds

Bathrooms:     1.5 bath

Single Family:  1,209 sq. ft.

Lot Size:     .3 acres sq. ft.

Year Built:  1949

Stories:      2 with Attic/Basement

Parking:     Detached 2-Car Garage

Price

$61,000 (Last Sold 06/1990 for $72K)

Income (numbers are based on an annual basis and rental amount is based on nearby rentals)

$12,000 ($1,000 month; Rent range is $975 – $1200)

Expense

$2,540 Taxes (possibly appeal to lower taxes in 2018)
$620 Insurance
$600 Maintenance (5%)
$600 Vacancy (5%)
$960 Management @ 8%

Net Income Cash-on-Cash

$6,680 ($556 Monthly) 10.9%

Sales

15900 Morning Star Ave 3/1/988 sqft    Sold 09/2017: $79,900           Clean Outdated, Ext Nice
15520 Rockside Rd 3/1/1,053 sqft       Sold 11/2015: $72,000           Clean, Landscaped, int basic
15605 Maplewood Ave 4/1.5/1,159 sqft    Sold 05/2017: $70,000           Clean, some upgrades
15510 Edgewood Ave 3/2/1,044 sqft       Sold 06/2016: $75,00 N/A

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.