First Class Property Management created these kind of RESULTS

 

 


Click here to view Before Pictures 

Click here to view After Pictures 

This property was purchased in 2019 and has had only 2 tenants. The current tenant has been in this property for almost 4 years. Again saving this client a lot of money in rehabbing. 

The home was purchased for $60,000 and we added approx $10,000 for a grand total of $70,000. 

The property started at $1250 a month and has been lifted over the 4 years

Let's look at the apprx numbers deposited in this clients bank account 

2019  $   6,218
2020  $   9,040
2021  $   4,864 (tenant moved out)
2022  $   9,038
2023  $   9,475
2024  $ 10,049
2025  $   5,141

Approx Total Net deposited in theis clients account $53,825

This home would is worth approx $175,000 with $25,000 Updates

175,000- $70,000 (cost of home and rehab - $25,000 need for update $80,000 Equity 

$80,000 + $53,825 = $133,825 Profit so far 

That is a Solid 33% return on this home. 

Contact Brett 216-703-5740 Key Realty and Property Management 

Mega Million Dollar Producer and Award Winning Realtor  1200+ Properties and counting  Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate  Need Property Management? Go to https://pmohio.org/



Post a Comment

0 Comments