1074 East 146th St Cleveland - Vertigo Investments

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1074 East 146th St Cleveland

OH 44110$59,000

  • Partially Vinyl Sided
  • Freshly Painted Interior
  • Glass Block Basement Windows
  • Newer Furnaces
  • Newer Water Heaters
  • Updated Electrical
  • Brand New Plumbing
  • Brand New Carpet
  • Refinished Hardwood Floors
  • Remodelled Kitchens
  • Remodelled Bathrooms
  • Private Rear Driveway

  • Rental Information
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The property will rent for $575 a unit/$1,150 a month total. Anticipated occupancy date 2/1-2/15.

Monthly Expenses

  • Property Taxes: $88.50
  • Insurance: $45.00
  • Water/Sewer: $90.00
  • Lawn: $20.00
  • Gas/Electric: Tenant Responsible
  • Snow Removal: Tenant Responsible
  • Property Management: $115.00 (10% of Collected Rent)
  • Total Monthly Expenses: $358.50

 

Income/ROI Information

  • Total Monthly Rental Income: $1,150.00
  • Total Monthly Expenses: $358.50
  • Positive Monthly Cash Flow: $791.50
  • Return on Investment: 16.10% (Based on Sale Price of $59,000)