$ 6,000.00

  • Bedrooms: 3
  • Bathrooms: 1
  • Area: 1397 sq ft
  • Lot size: 2718 sq ft
  • Year built: 1920

Description

Spacious Colonial home in Cleveland OH, that needs some fixing up but, is a great opportunity for a first time buyer or experienced investor.

10528 Columbia Ave Cleveland, OH 44108

4 Beds / 2 Bath  1,688 square feet

Cash Price:  $6000 or best offer

Average Rents in Area:  $600

Fix up and make a rental:

$6000 purchase price

$500 closing costs

$18,000 estimated repairs

Total Invested:  $25,000

Gross Annual Rent:  $6,800

Insurance Cost $500 yr

Property Tax Cost $500 yr

Mgmnt Co: $520

Vacancy:  $520

Repairs / Maintenance:  $1320

NOI:  31%

 

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