5123 Philip Ave, Maple Heights Ohio 44137

5123 Philip Ave, Maple Heights, OH 44137

House - Maple Heights Ohio

Characteristics

Bedrooms:   3 beds

Bathrooms:   1 bath

Single Family:   1,254 sq. ft.

Lot Size:   5,440

Year Built:   1948

Stories:   1 with Attic/Basement

Parking:   Attached 1-Car Garage

Price
$63,000

Income
$12,600 (currently rented @ $1,050 mo.)

Expense
$2,165 Taxes
$620 Insurance
$630 Maintenance (5%)
$630 Vacancy (5%)
$1,008 Management @ 8%

Net Income Cash-on-Cash
$7,547 ($629 Monthly) 11.9%

Sales
5149 Catherine St 3/1.5/1,395 sqft Sold 11/2016: $73,000 Rehabbed
5254 Thomas St 3/1.5/1,248 sqft Sold: 02/2017 $74,900 Clean Rental
5210 Arch St 3/1/1,116 sqft Sold 08/2017: $64,000 Clean Rental

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.