Income Results :13818 Bellshire ave Cleveland Ohio

​We originally purchased this property in November 2020 for $80,000 and updated it then for $10,000, totaling $90,000.

The original owner sold the property in May 2025 for $107,000 after receiving $39,810 in net rental proceeds. There were a few items needing attention that the owner did not want to do them (approx $3500 worth of work).

The new owner updated the home with $28,375 to update the home for a total of $135,375

in this home. 

The property started at $1150 per month and is now $1600 a month. Good areas keep rents going up. 

Now… take a look at the numbers. 

Click here for before Pictures 

Click here for after Pictures 

 Income Property Case Study

Rocky River, Ohio

Purchase Date: November 2020
Purchase Price: $​ 107,000 (new owner)
Rehab Investment: ​$​ 28,375
Total Initial Investment: $135,375

Bedrooms: 3 Bathroom 1 Garage 2 Sq Footage 1,​1​13

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 Leasing Performance

Leased: ​ Days on Market: ​5 days

Original Rent: $​1,600/month

Tenant: new Tenant has been there for 6 Months this is the second tenant in this home for the last 64 months

Vacancy: 0 Months

New Rent (2026): $​1​,600month  We have lifted the monthly rent

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 Net Rents Deposited to Owner

(After expenses)

​202​1: $ 7,235

2022: $10,785

2023: $​ 9,930

2024: $​ 9,860

2025: $​ 6,535 (rehabbed the home)

2026 (YTD): ​$​  337 (paid property Taxes) 

 Total Net Deposits in owners Account: $​44,682

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 Equity Position

• Approx Value : $​215,000

• Additional Updates Budgeted: $​1​5,000

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 Profit Breakdown

Equity: $​64,625 ($215,000) 

Plus Net Rents: + $​44,682

Closing Cost - $10,000

Minus Purchase + Rehab: – ​$​ 135,375

Minus Updates: – $​1​5,000

 Approx Total Profit: $​119,250 So far 

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 Return Summary

Approx ROI: ​38%

Low vacancy

Stable long-term tenant

Minimal maintenance

Strong rent growth

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Let’s Talk

Brett Young
 (216) 703-5740
Key Realty & Property Management

Mega Million Dollar Producer
 Award Winning Realtor
 1200+ Properties and Counting

 See what our clients earn:
https://realincomeproperties.blogspot.com/

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