Two Bedroom House (ref. 41696331) - Houses for Sale, Real Estate - Number of Bedrooms: 2, Number of Bathrooms: 1 - Cuyahoga, Ohio, United States

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Two Bedroom House (ref. 41696331)
Date & Time Listed: 2024-03-04 20:53:39 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 2, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga

Ad Details:

This really nice single family home is located in Mount Pleasant and is only seven
minutes from the famous Shaker Square. Shaker Square is one of the biggest
attractions in Cleveland and is full of restaurants, bars, boutiques and even has a
cinema.
The property has two spacious bedrooms, one bathroom, a large lounge diner,
spacious kitchen and a full basement. The house is in a very nice street and has a
nice rear garden with a detached garage. The house has a tenant in place paying
$800 in rent each month. The house is under management with a great local
Cleveland property management company
Mount Pleasant is seen as a very strong investment area in Cleveland, just 2 miles
away you have the famous Shaker Square which is one of the biggest attractions in
Cleveland. Shaker Square is full of restaurants, bars, boutiques and even has a
cinema. This property is also only 7 miles from Downtown and 4 miles from the
University Circle.
Investment Calculations
Purchase price
$48,900
Gross annual rental income:
$9,600
Property running costs:(Tax, insurance and management costs)
$2,560
Net annual rental income:
$7,040
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
15%
Break even in
6.6 Years
This property is a House for sale.

Other Details:

Number of Bedrooms: 2
Number of Bathrooms: 1

Price: 48,900.00 USD

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Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 2, Number of Bathrooms: 1 Posted From: United States, Ohio, Cuyahoga

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 2, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga