17 Flora Bedford Ohio Update $350 Lift in rent

This property is a great income and equity property. Check out all the new and old numbers on this property.

We truly care about what our clients properties net in money and taking care of all the details. This Client is an international client also. 

New Lease with a $350 a month lift in rent or $4200 more in gross rent a year. This property just leased in 21 days. Our in house marketing generated a well qualified tenant for this property. 

Before Pictures

After Pictures  

let's look at the new numbers 

Rent $1500 tax $264 Insurance $60 P/M $125 Net $1,021 a month or $12,252

$8675 in Updates after 5 Years of collecting rent

Contact Brett 216-703-5740 Key Realty and Property Management

Old Numbers Below 

 

Click here for Before Pictures 

Click here for After Pictures 

This property was purchased in February 2019 for $62,500 and the rehab on the property was approx $10,000 in rehab. 

Let's look at the Approx Net results and remember repairs that happened were taken from rent. 

This client did not know add any updates after 2019. The new returns were affected but you can be the judge of their returns. 

The property was leased before we finished it for $1150 a month. This tenant is the only tenant this property has been leasing for 54 months.   

Let's look at the years and approx net returns deposited in this client's bank account. 

2020 Net rent proceeds  $8,300

2021 Net rent proceeds  $7,464

2022 Net rent proceeds  $9,305

2023 Net rent proceeds  $7,649

2024 Net rent proceeds  $5,000

Total Approx Net Proceeds $37,716 deposited in this client's bank account.

Approx Net Worth $140,000

$140,000- $72,500 (Cost of home and rehab) = $67,500+ $37,716 Approx Net deposited in rent

Grand total; $105,216 in profit so far! 

Do the numbers and call me (216-703-5740) or WhatsApp me Key Realty and Property Management