Income Returns 14314 Viola Cleveland Ohio

 

Before Pictures

https://photos.app.goo.gl/eNw6LT7knZwzaGpi8

After Pictures 

https://photos.app.goo.gl/BjB3bVy75ow4kbjn7

This property was purchased for $80,000 and we added $17,100 to it for rehab which came to a total of $79,675. 

Let’s look at the approx income. These are the funds that we actually deposited in the owner’s account

2023 $ 10,283 ($1300 a month) 

2024 $   9,907

2025 $   4,200 (move out new rent $1600 a month)

2026 $   5,891

Total $30,281

There has been 2 Tenants in 3 1/2 Years. The current tenant is excellent and pay their lease on time. 

Let’s look at the approximate value on this one as of Aug 2026 is right at $185,000.

$185,000 (sale price)- $107,900 (Purchase and rehab) - Rehab to Sell $20,000 and  - closing cost $8,000 = equity plus Net/equity proceeds $49,100 + rent $30,281 is a approximate profit of $79,381

That is an approximate return of 21% on their original money

Better properties, exceptional results. We do it all with Management of every property we do.

Brett Young — Key Realty LTD

Phone: 216–703–5740
Website: http://www.clevelandincomerealestate.com

YouTube: http://www.youtube.com/@BrettYoungCashflowhomes

Real Estate Results & Stats: http://www.realincomeproperties.blogspot.com

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