Cleveland Home Income Results

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We purchased this property October 2023 for $120,000 and added $18,000 in Rehab for a total of $138,000.

The Approx value as of today: $185,000 w/ $25,000 Value Add.

Let's look at the rental income deposited in this client's bank account after expenses. This tenant started at $1350 a month and the lease has been lifted since. They have been in this property for 16 months and have been great tenants. 

That is the Taxes, P/M, and any repairs 

2024   $  10,384

2025   $    6,176

Total    $  16,560

The approx return 

Approx Worth  $185,000-$25,000 (Value Add) = $160,000

Approx Equity $22,000+ $16,560 = $38,560 Approx net 

That is a 22% return so far on this home. 

That is why we are the Top Investment Company and Top Property Management Company. 

Contact Brett 216-703-5740 Key Realty and Property Management Mega Million Dollar Producer and Award Winning Realtor 1200+ Properties and counting  Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate  Need Property Management? Go to https://pmohio.org/ Go to Clevelandincomerealestate.com for my Blog