This property was purchased for $262,000 in October 2021.
No rehab. No delays. No drama.
It was leased immediately after closing, with a qualified tenant secured in just 4 days.
The client wanted this property—and only this property. We went after it, got it closed, and put it to work fast. Since day one, it has performed exactly the way a solid investment should.
The rest is history.
Now… take a look at the numbers. 📊🔥
📊 Income Property Case Study
Rocky River, Ohio
Purchase Date: Feb 2022
Purchase Price: $262,000
Rehab Investment: $0
Total Initial Investment: $262,000
Bedrooms: 3 Bathroom 2 Garage 2 Sq Footage 1,892
🏠 Leasing Performance
Leased: March Days on Market: 4 days
Original Rent: $2,200/month
Tenant: Original Tenant 18 Months Curret Tenant 25 Months
Vacancy: 2 Months
New Rent (2026): $2,200/month 📈 We have lifted the monthly rent
💰 Net Rents Deposited to Owner
(After expenses)
- 2022: $11,644
- 2023: $13,834
2024: $13,516
2025: $17,444
2026 (YTD): $3407
👉 Total Net Deposits in owners Account: $56,438
📈 Equity Position
Approx Value : $358,000
Additional Updates Budgeted: $8,000
🧮 Profit Breakdown
Equity: $78,000
Plus Net Rents: + $56,438
Closing Cost - $10,000
Minus Purchase + Rehab: – $262,000
Minus Updates: – $8,000
✅ Approx Total Profit: $41,930 So far
🔥 Return Summary
Approx ROI: 44%
Low vacancy
Stable long-term tenant
Minimal maintenance
Strong rent growth
Let’s Talk
Brett Young
📞 (216) 703-5740
Key Realty & Property Management
Mega Million Dollar Producer
🏆 Award Winning Realtor
🏠 1200+ Properties and Counting
🔗 See what our clients earn:
https://realincomeproperties.blogspot.com/
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Thank you