$44,307 in Net Rent + $74,000 in Equity: The Real Estate Proof

 

Better Properties. Exceptional Results. More Proof.

This property is another great example of what long-term real estate investing can accomplish when you buy the right property, improve it, manage it properly, and take care of the tenant and the home.

The Investment

Purchase Price — 2021: $85,000
Rehab: $6,000
Total Investment: $91,000

We leased the property at the end of 2021 for $1,250 per month and increased the rent appropriately over the following years.

Here are the actual net deposits made to the owner's account after property management, property taxes, and insurance:

2021: $1,500 — approximately one month
2022: $10,395
2023: $9,326
2024: $9,636
2025: $5,785 — tenant moved out after approximately 65 months
2026: $7,665 so far

Total Net Rental Income: $44,307

Remember, these aren't gross rent numbers. This is the money deposited into the owner's account after property management, taxes, and insurance.

Today, we estimate the property is worth approximately $200,000.

Now Let's Look at the Equity

Current Estimated Value: $200,000
Original Purchase + Rehab: – $91,000
Estimated Selling/Rehab Preparation: – $25,000
Estimated Closing Costs: – $10,000

Estimated Net Equity/Profit: $74,000

Now add the rental income already received:

$74,000 Estimated Equity/Profit
+ $44,307 Net Rental Income
= $118,307 Combined Equity + Rental Profit

On an original investment of $91,000, that's approximately a 130% cumulative return from combined equity and net rental proceeds so far.

And the owner still has the property.

This is why we focus on buying better properties in better locations, making the appropriate improvements, putting good tenants in place, and professionally managing the property for the long term.

Better Properties. Exceptional Results. More Proof.

We really care about our clients, their properties, their income, and their long-term equity.

Brett Young
Key Realty LTD
📞 216-703-5740
Cleveland Income Real Estate
www.clevelandincomerealestate.com
YouTube: @BrettYoungCashflowhomes
Real Estate Stats: realincomeproperties.blogspot.com

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