Cash Purchase Deal
| Annual Gross Rent | $22.920 |
|---|---|
| Management Fee | $2.292 |
| Property Tax | $824 |
| Insurance | $600 |
| Net Annual Income | $19.204 |
| Net Return on Investment (ROI) | %20 |
|---|---|
| Payback Period | 4.9 yrs |
Description
This five bedroom single family home is located in Mount Pleasant and is only
seven minutes from the famous Shaker Square. Shaker Square is one of the
biggest attractions in Cleveland and is full of restaurants, bars, boutiques and
even has a cinema
There are five bedrooms, two and a half bathrooms and a full basement, it also
comes on a very large plot. The property will be renovated by Global Investments
best contractors and will be supplied rent ready to a Section 8 standard. The
works will begin after the new owner closes on the property. When complete the
management company will place brand new vetted tenants. The house should
achieve $1,350–$1,910 in rent each month based on current Section 8 rates fpr
this zip code.
Details
Updated on August 16, 2026 at 5:36 pm- Price: $94,900
- Property Size: 1474 Sq Ft
- Bedrooms: 5
- Bathrooms: 2
- Property Type: Single Family
- Property Status: 20% Net Return
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