4583 Fulton Income Results: Real Cash Flow, Real Equity, Real Investor Success
4583 Fulton in Cleveland, Ohio was purchased in 2023 for $120,000. The property had approximately $20,000 in updates, bringing the total investment to about $140,000.
Today, the property is valued around $195,000. If we added a second bathroom and completed additional updates, that would be approximately another $15,000.
Now let’s look at the net rental income numbers:
2024: $13,384
2025: $11,916
2026: $6,684
Total net rental income so far: $28,954
The rent started at $1,350 per month in 2024 and has now increased to $1,500 per month. If we had to lease this property today with a new tenant, the rent would likely be around $1,650 per month.
Now let’s look at the total equity and rental return:
$195,000 value-$140,000 total investment-$15,000 estimated updates+$28,954 net rental income
= $68,954 total return so far
That is about a 20% return so far on this property.
When you’re investing in real estate, the property needs to perform in two ways: cash flow and equity growth.
Be smart about who you work with. We have done over 1,200+ properties and understand what it takes for investment real estate to perform and create strong income for our clients.
Need exceptional real estate?
4583 Fulton Cleveland: $68,954 in Equity and Rent Growth So Far
Cleveland Income Real Estate
Key Realty LTD-Brett Young
Call/Text: 216-703-5740
Website: https://www.clevelandincomerealestate.com/
Stats: https://realincomeproperties.blogspot.com/
YouTube: https://www.youtube.com/@BrettYoungCashflowhomes
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Thank you