Rent Results : 3563 W 129th Cleveland Ohio

 

Click here for before Pictures 

Click here for After Pictures 

We purchased this property for $99,500 in December 2019 we added $20,000 in rehab. For a total of $119,500

This property was originally leased for $1450 a month and thet monthly has been lifted to $1575  a month. 

The current tenant has been in the home for 18 months and are  excellent tenants. 

Let's look at the net rents deposited in this owner's account so far 

2024 $  9,986

2025 $15,034

Total $25,020

Let's look at the projected equity of this property. The Home is worth approx $200,000

$200,000 - $25,000 (value add) - $119,500 (cost of the property + $25,020 (net rental proceeds) = $80,520 Approx Profit so far. 

That is a 33% Return 

Need profit?  

Let's Talk Contact Brett Young (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 https://www.clevelandincomerealestate.com/ for my Blog DIY Property Management https://www.ohiopmservice.com/

Go to https://www.cashflowrealtygroup.com/ to see how we finish homes

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