| Annual Gross Rent | $21.600 |
|---|---|
| Management Fee | $2.160 |
| Property Tax | $1.823 |
| Insurance | $900 |
| Net Annual Income | $16.717 |
| Net Return on Investment (ROI) | %14 |
|---|---|
| Payback Period | 7.2 yrs |
This fantastic three bedroom single family home i is very well located in West Boulevard on the Westside
of Cleveland. The house is just 2 miles from Detroit Shoreway which is one of the best areas in Cleveland.
There are three large bedrooms, one bathrooms, 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 are included in the price and will begin as soon as the new owner closes on the property. When
complete =the management company will place brand new vetted tenants. The house should achieve
$1,250 – $1,800 in rent each month.
Stockyards is located on the Westside and viewed as a very central location in Cleveland Ohio, it is just 5
miles from Downtown Cleveland and only 2 miles from Detroit Shoreway which is one of the best areas in
Cleveland. The property is also only just 3 miles from the Metro Health centres main campus. A $946
million transformation plan of an 11-story 264-bed hospital on its main campus on West 25th Street in
Cleveland. A huge project that is transforming the area. The house is also just 7 minutes from Amazon on
Madison Avenue.
Compare listings
Compare