What Is a Equity Structure with Lease Income in Real Estate?

 

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This property was purchased January 2021 for $80,000 we had to add Approx $13,000 in rehab. for a total og $93,000. We added another $14,000 in updates and a new roof. The total is $107,000.

We leased the property March 1st 2021 for $1200 a month. It was lifted over the years. Let's look at the Numbers!

What we have deposited in the owners account

2021 $ 8,508

2022 $10,250

2023 $12,583

2024 $11,529

2025 $10,813

For a total of $53,683

The current tenant has been in this property since July 2023. Or 24 Months

Let's look at the approx worth $219,900

Approx Return 

$219,900 (worth today) - $25,000 (Value add updates) - $107,000 (paid and rehab in home) = $87,900 Approx Equity

$87,900 (equity) + $53,683 (Net Income) = $141,583 Total 

26% Return so far 

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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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