A lot of investors wait a bit too long finding a property that can produce great consistent income. They ask coaches for all the advice and they have never purchased a property in an area they are looking at.
We do it differently and here is a current property on a client that said get me a home that works. So like I always do I found them property that we just purchased, Rehabbed and leased for projected income that we predicted.
This client wanted an exceptional area and equity. They also wanted great cash flow.
The property on 5095 Edenhurst Lyndhurst Ohio and we purchased the property for $165,000 and when the rehab was done we had approx $25,000-$30,000 equity and I leased it for $1800 a month.
This is also a 1 year warranty that the client can renew yearly. We buy the the 1st years when you use our private rehab company that we use only for our clients.
Rent $1800 tax $350 Insurance $60 P/M $125 Net $1265 or $15,180 yr
This tenant was moving from a home that the owner is selling. The tenant has been with us for 2 years and wanted to stay with our property management. Great paying tenant that loves the area.
The home was leased in 1 day and the cash flow has started for this client.
Need Real Estate call Brett and let us do the rest!
Mega Million Dollar Producer and Award Winning Realtor
1200+ Properties and counting
Contact Brett 216-703-5740 Key Realty and Property Management
Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate
Need Property Management? Go to PMOhio.org
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Thank you