39 Eldred Bedford Ohio Income Results

This property was purchased  4 years ago and has been leased for $1050 a month for 40+ months with the same tenant . The lease did go up during the tenants stay.  Steady income in an appreciating area.

Purchase Price $50,000 Sept 2019

Let's fast forward to October and this property has rents that are lifted $300 a month or $3600 a year. We leased this property for $1350 a month in 18 days....Great location creates great results.

2 Tenants in almost 5 Years Lets look at the approx numbers Rent $1350 Tax $182 Insurance $60 PM $125 Net $983 or $11,796 a year This property also has built equity as we leased it is approx $100,000 that is a 100% increase in equity from the purchase price.

Call me (Brett) 216-703-5740 Key Realty or WhatsApp me

BrettaYoung.com