13307 Rexwood Ave, Garfield Heights Ohio 44105

13307 Rexwood Ave, Garfield Heights, OH 44105

House Sold - Garfield Heights Ohio

Characteristics

Bedrooms:    3 beds

Bathrooms:   1 bath

Single Family:    1,232 sq. ft.

Lot Size:    4,800 Year Built: 1939

Stories:   2 with Attic/Basement

Parking:    Detached 1-Car Garage

Price
$55,000

Income
$10,800 (market rents between $850-$900)
Expense
$2,100 Taxes (current taxes $2,365 are a little high, if you elect you can appeal to lower after closing)
$620 Insurance
$540 Maintenance (5%)
$540 Vacancy (5%)
$864 Management @ 8%

Net Income Cash-on-Cash
$6,136 ($511 Monthly) 11%

Sales
13805 Saybrook Ave 4/1.5/1,330 sqft    Sold 02/2016 $70,000 not rehabbed
13505 Maplerow Ave 4/2/1,469 sqft    Sold 06/2016 $70,000 upgrade rehab
13721 Alvin Ave 4/1.5/1,669 sqft    Sold 06/2017 $55,000 basic rehab
4367 E 139th St 3/2/1,248 sqft    Sold 10/2017 $59,000 basic rehab

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.