2191 West 101st St Cleveland - Vertigo Investments

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2191 West 101st St Cleveland

OH 44105$48,500

This property has been completely rehabbed. Amenities include:

  • Freshly Painted Exterior
  • Freshly Painted Interior
  • Newly Refinished Hardwood Floors
  • Newer HVAC System
  • Updated Electrical Service
  • Brand New Plumbing
  • Newer Hot Water Tank (2 Years Old)
  • Remodelled Kitchen
  • Remodelled Bathroom
  • Private Driveway
  • Large Fenced In Yard

  • Rental Information
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The property is rented for $850 a month with Brand New Tenants…Anticipated Move-In is 9/1/15

Monthly Expenses

  • Property Taxes: $81.00
  • Insurance: $40.00
  • Water: Tenant Responsible
  • Sewer Fee: $15.00
  • Lawn: Tenant Responsible
  • Gas/Electric: Tenant Responsible
  • Snow Removal: Tenant Responsible
  • Property Management: $85.00 (10% of Collected Rent)

 

Income/ROI Information

  • Total Monthly Rental Income: $850.00
  • Total Monthly Expenses: $221.00
  • Positive Monthly Cash Flow: $629.00
  • Return on Investment: 15.6% (Based on Sale Price of $48,500)