Cash Purchase Deal
| Annual Gross Rent | $31.440 |
|---|---|
| Management Fee | $3.144 |
| Property Tax | $773 |
| Insurance | $900 |
| Net Annual Income | $26.623 |
| Net Return on Investment (ROI) | %19 |
|---|---|
| Payback Period | 5.3 yrs |
Description
This fantastic two apartment multi family home is located on a nice street in
Forest Hills close to the shores of Lake Erie and is just 1.4 miles from Glenville
High School, one of the best schools in Cleveland.
The property is divided into two large apartments. You have a large two
bedroom apartment downstairs and a large two bedroom apartment upstairs.
The property will be renovated by Global Investments best contractors and will
be supplied rent ready to a Section 8 standard.
When complete the management company will place brand new vetted tenants.
Each apartment should achieve $1,150-$1,310 in rent each month with Section 8
housing.
Details
Updated on November 9, 2026 at 2:37 pm- Price: $140,000
- Property Size: 1892 Sq Ft
- Bedrooms: 4
- Bathrooms: 2
- Property Type: Multi Family
- Property Status: 19% Net Return
Mortgage Calculator
Monthly
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
