7927 Connecticut Ave Cleveland - Vertigo Investments

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7927 Connecticut Ave Cleveland

OH $52,500

This property has been completely rehabbed. Amenities include:

  • Vinyl Siding
  • Vinyl Windows
  • New Architectural Roof
  • Freshly Painted Interior
  • Brand New Carpet
  • Updated Electrical
  • Updated Plumbing
  • Newer Hot Water Tank
  • Remodeled Kitchen
  • Remodeled Bathroom
  • Private Driveway

  • Rental Information
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  • Video

 

The property is rented for $825 a month. Tenant has moved in.

Monthly Expenses

  • Property Taxes: $85.50
  • Insurance: $40.00
  • Water: Tenant Responsible
  • Sewer Fee: Tenant Responsible
  • Lawn: Tenant Responsible
  • Gas/Electric: Tenant Responsible
  • Snow Removal: Tenant Responsible
  • Property Management: $82.50 (10% of Collected Rent)

 

Income/ROI Information

  • Total Monthly Rental Income: $825.00
  • Total Monthly Expenses: $208.00
  • Positive Monthly Cash Flow: $617.00
  • Return on Investment: 13.2% (Based on Sale Price of $52,500)