143 Norham Bedford Ohio Income Results

We paid $95,000 for this property and added Approx $8,000 in Rehab We leased this property in December 2022 for $1250 a month. Let's look at the approx income of this tenant that stayed for 17 months. We did raise the lease $50 during this term so the average would be $1275 a month. Lease $1275 Tax $216 Insurance $60 P/M $125 Net $874 X 17 months $14,858  We added $2500 rehab after the 1st tenant  The second tenant leased it in July 2024 for $1450 a month. Let's look at the Approx Numbers  Lease $1450 Tax $233 Insurance $60 P/M $125 Net $1049 X 1 months $1049 Approx Total net Lease to Date $15,907 total  Today's Value per MLS CMA $180,000 this property er have Approx $105,500 Leaving approx $74,500 Equity  Do the numbers and call me (Brett) 216-703-5740 Key Realty or WhatsApp me  Better Real Estate Exceptional Numbers