Cash Purchase Deal
| Annual Gross Rent | $20.400 |
|---|---|
| Management Fee | $2.040 |
| Property Tax | $682 |
| Insurance | $600 |
| Net Annual Income | $17.078 |
| Net Return on Investment (ROI) | %19 |
|---|---|
| Payback Period | 5.3 yrs |
Description
This lovely three bedroom single family home is located in Union – Miles Park which
is a great neighbourhood in Cleveland, this area is close to Mount Pleasant and
Slavic Village. It is also just a few minutes to John Adams College And Career
Academy, which is one of the best schools in Cleveland. .
There are three large bedrooms, one bathroom, a full basement and a large garden.
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 $1,250 – $1,700 in rent each
month based on current Section 8 rates for this zip code.
Details
Updated on August 18, 2026 at 10:00 am- Price: $89,900
- Property Size: 963 Sq Ft
- Bedrooms: 3
- Bathroom: 1
- Property Type: Single Family
- Property Status: 19% Net Return
Mortgage Calculator
Monthly
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
