This property was purchased in 2020 for $80,000. Over the lifespan of this investment, we put $30,873 into rehab and improvements.
The property was originally leased in January 2020 to the first tenant, who stayed 24 months. The second tenant moved in during February 2022 and stayed all the way through July 2026.
Now let’s look at the net rental numbers after taxes, insurance, and property management:
2020: $9,115
2021: $8,141
2022: $7,298
2023: $10,174
2024: $8,349
2025: $11,788
2026: $7,174
Total Net Rental Return: $62,039
Today, this property is worth approximately $230,000.
Estimated sale breakdown:
Value: $230,000
Less closing costs: $10,000
Less future updates: $30,000
Original purchase + rehab basis: $110,873
That creates a strong equity and income position for the investor.
When you combine the net rental income with the equity growth, this property has produced approximately $141,266 in total value and return, which is around an 18% annualized return.
This is what we do for our clients.
We work hard to make sure these properties prosper for their bank accounts — not ours. From purchasing, rehabbing, leasing, managing, and keeping tenants in place long-term, our system is built around investor success.
Need that kind of real estate service?
This is all we do.
Call us and we’ll get you going.
Cleveland Income Real Estate
Key Realty LTD-Brett Young
Call/Text: 216-703-5740
Website: https://www.clevelandincomerealestate.com/
Stats: https://realincomeproperties.blogspot.com/
YouTube: https://www.youtube.com/@BrettYoungCashflowhomes


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