1348 square ft Colonial in central Cleveland Heights. Features four large Bedroom’s with one full bathroom. Hardwood floors throughout with beautiful crown molding and original wood trim. Home has 2 fireplaces, newer vinyl windows and newer roof. Large 2 car garage on .110 acres of land.

Sale Price —————— $17,000
Offer Price —————– $ 14,000 to $15,500
Rehab cost —————— $ 32,000 to $34,000

Positive Cash Flow after expenses will be around $640.
Rent ————————- $ 1050
Taxes ————————-$258 a month
Prop Management ———— $ 105
Insurance ——————– $ 40
Positive Cash Flow ———– $ 647
Net Return ——————— 15% to 16 %

Need for Speed investment
This home is already Finished and ready to be rented…

This beautiful 3 bedroom, 1 1/2 bath colonial is completely remodeled, immaculate and violation free. There are beautifully refinished hardwood floors throughout. The large living room with a leaded glass picture window opens into a lovely formal dining room. The kitchen is updated and gorgeous with lots of storage. All 3 bedrooms are large and both baths have been tastefully updated. The basement is finished providing a great additional living space.

Property #’s Below:

Purchase Price ———————– $48,500

Rehab cost —————————- $ 0

After Expenses Positive Cash Flow over $580

Rent ———————————— $ 850

Taxes ————— ——————- $ 135 a month

Prop Management ——————- $ 85

Insurance —————————– $ 40

Positive Cash Flow —————— $ 590

Net Return ————————– 14% to 15 %

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