5507 Laverne Parma Ohio Income Results

This property was purchased in 2022 for $145,000 and no rehab. The property today is worth Approx $200,000.

Let's look at the rent? The frist rental rate was Sept 1st 2022 for $1400 Approx Rent Numbers 2022 Leased $1400 Tax $160 Insurance $60 Property Management $125 Net $1055 or $12,660 The tenants renewed there lease for another year @ $1450 a month Leased $1450 Tax $160 Insurance $60 Property Management $125 Net $1105 or $13,260 The original tenant we placed and has stayed in the property 21 months and paid rent on time. That's a approx net of $22,455 and a approx equity position of $50,000+ Let's go to next video on this channel 1219 Commonwealth Need more income and consistent income call me (Brett) 216-703-5740 Key Realty