4090 E. 176th , Cleveland Ohio 44128

4090 E. 176th, Cleveland, OH 44128

House Sold - Cleveland Ohio

Characteristics

Bedrooms:  3 beds

Bathrooms:  2.5 bath

Single Family:  1,131 sq. ft.

Lot Size:  6,534

Year Built:  1959

Stories:  2 with Attic/Basement

Parking:  Attached 2-Car Garage

Price

$56,000

Income

$10,800 ($850 -$900 mo. cash tenant/ $900 – $950 mo. section 8)
Expense
$1,788 Taxes
$620 Insurance
$540 Maintenance (5%)
$540 Vacancy (5%)
$864 Management @ 8%

Net Income Cash-on-Cash

$6,448 ($537 Monthly) 11.5%

Sales (most properties in the area have sold over $100K)

4130 E 176th St 3/1.5/1,007 sqft Sold 07/2017: $80,000 not rehabbed
4086 E 176th St 3/2/1,131 sqft Sold 05/2017: $124,900 rehabbed
4105 E 175th St 3/2/1,170 sqft Sold 09/2016: $119,900 complete remodel
4139 E 175th St 3/1/1,007 sqft Sold 06/2016: $119,900 N/A

Includes:

~ Rent Ready Rehab
~ 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.