Creating a stress-free rental property for Clients

 


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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