5204 E. 114th Street, Garfield Heights Ohio 44125

Pending
Pending
Property Details

5204 E. 114th Street, Garfield Heights Ohio 44125

Pending
Description

5204 E 114th St. Garfield Heights, OH 44125

House - Garfield Heights Ohio

Characteristics

Bedrooms:  3 beds

Bathrooms: 1 bath

Year Built:  1946

Single Family:  1,104 sq. ft.

Lot Size:  4,438 sq. ft.

Stories:  2 with Attic/Basement

Parking:  Detached ‐ 1 Space Garage

Price
$60,000 (Sold in 1994 for $74,500)

Income (numbers are based on an annual basis and rental amount is based on nearby rentals)
$10,800 (Tenant Occupied @ $900 per month )

Expense
$2,152 Taxes
$620 Insurance
$540 Maintenance
$540 Vacancy
$864 Management @ 8%

Net Income Cash‐on‐Cash
$6,084 ($507 monthly) 10.1%

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.

Property Features
  • House
  • 3 bed
  • 1 bath
  • 1 Parking Spaces
  • Land is 4,438 square
  • Floor Area is 1,104 square
  • Garage
  • House House Category
  • Remote Garage
Rob
Operating Manager