Is your Real Estate Dead: What Happens Next? See what we do

 

 

Click here for before Pictures 

Click here for After Pictures 

We purchased this property fpr $74,900 in December 2019 we added $15,000 in rehab. 

The property was leased in April 2020 for $1300 a month. This property has had only 1 tenant for the last 65 Months. We have lifted the rent amount also during this time. 

Let's look at the money we have deposited in this client's account so far. 

2020  $  7,778

2021  $11,930

2022  $  9,947

2023  $  9,930

2024  $ 10,167

2025  $  4,072 (so far) 

Total net amount deposited $53,824

Let's look at the approx worth of the property today is approx $195,000

Let's look at the returns so far on this home 

$195,000 (approx worth) - $25,000 (added value rehab) - $89,900 (purchase and rehab originally) + $53,824 (collected net rents deposited in the clients bank account) = 

$133,924 approx profit so far on this property. 

That is a 30% return on this property so far! 

Need this type of real estate for your Portfolio?

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  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/ Go to https://www.clevelandincomerealestate.com/ for my Blog

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