Welcome to Kugli.com!
New to Kugli.com?
* Create Member Account!
Already a Member?
* North Delhi
* Gautam Buddha Nagar
* United States
* New York
* Los Angeles
* New York City
* Kuwait City
* Al Ahmadi
* Abu Halifa
Four Bedroom House (ref. 41260284)
Date & Time Listed: 2020-08-24 11:14:39 (GMT)
This large four bedroom colonial style home is located in Lee Miles. The property is only one mile to John F Kennedy High School, which is one of the best high schools in Cleveland, the Lee Harvard Plaza Shopping Centre is at the end of the road. The property is under going a refurbishment and it will be made rental ready to a Section 8 standard.The management company will place Section 8 tenants when the new owner closes on the property paying $1,000 – $1,200 in rent each month. The rent will be guaranteed and paid direct to the owner via the US Government.
Lee Miles is a very well kept busy area in the City of Cleveland, less than a two minute walk away you will find the Lee Harvard Plaza which contains many of leading fast food chains. This area is surrounded by some of the very best neighbourhoods in Cleveland including Shaker Heights and Maple Heights.
Purchase price: 62,900
Gross annual rental income: $14,400
Property running costs: $2,940
(Tax, insurance and management costs)
Net annual rental income: $11,460
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 19%
Break even in 5.26 Years
This property is a Townhouse for sale.
Number of Bedrooms: 4
Number of Bathrooms: 2
Price: 62,900.00 USD
More Ads Posted by Member
Contact Ad Poster by E-Mail
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.
* Cuyahoga - Real Estate Classified Ads
* Ohio, United States - Real Estate Classified Ads
* United States - Real Estate Classified Ads
* Cuyahoga - Houses for Sale Classified Ads
* Ohio, United States - Houses for Sale Classified Ads
* United States - Houses for Sale Classified Ads