4464 Lee Heights Blvd, Warrensville Ohio 44128

4464 Lee Heights Blvd, Warrensville, OH 44128

House Sold - Warrensville Ohio

Characteristics

Bedrooms:    3 beds

Bathrooms:    1 bath

Single Family:    1,231 sq. ft.

Lot Size:    5,183

Year Built: 1944

Stories:   2 with Attic/Basement

Parking:  2-Car Garage

Price
$58,000

Income
$11,400 ($950 mo.)

Expense
$2,200 Taxes (Current taxes are $2,500 which is high. We can appeal to lower taxes in 2018, should drop around $2000 so I will use $2,000)
$620 Insurance
$570 Maintenance (5%)
$570 Vacancy (5%)
$912 Management @ 8%

Net Income                       Cash-on-Cash
$6,528 ($544 Monthly)          11.25%

Sales
4437 Ingleside Rd    3/2/1,159 sqft    Sold 06/2015:    $67,000 rehabbed – basic
4364 Parkton Dr    2/1/904 sqft    Sold 03/2016:    $65,000 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.