19101 Wickfield Ave, Warrensville Heights Ohio 44122

19101 Wickfield Ave, Warrensville Heights, OH 44122

House Sold - Warrensville Heights Ohio

Characteristics

Bedrooms: 3 beds
Bathrooms: 1 bath
Single Family: 1,280 sqft.
Lot Size: 6,440 sqft.
Year Built: 1952
Stories: 2 with Attic/Basement
Parking: Detached ‐ 2 Space

Price

$58,000 (Sold in 1991 for $57K)
Income (numbers are based on an annual basis and rental amount is based on nearby rentals)
$10,800 ($900 month) or Go Section 8 $11,400 ($950 month)

Expense

$2,025 Taxes $2,025 Taxes
$620 Insurance $620 Insurance
$540 Maintenance (5%) $570 Maintenance (5%)
$540 Vacancy (5%) $570 Vacancy (5%)
$864 Management @ 8% $912 Management @ 8%

Net Income Cash‐on‐Cash Net Income Cash‐on‐Cash

$5,936 ($494 monthly) 10.4% $6,428 ($535 monthly) 11%

Comps (no new comps in the area)

18507 Invermere Ave 3/3/1,218 sqft Sold: $72K on 10/2016 – moderate budget rehab
3822 E 190th St 3/1/1,191 sqft Sold: $68,9K on 01/2016 – Low budget rehab
19717 Wickfield Ave 3/2/1441 sqft Sold: $89K on 11/2016 – remodeled

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.