$149,000
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Total entry
$17,500
Monthly payment
$1,201/mo
Current Rent
$1,900/mo
Cash flow
$699/mo
Occupancy
TENANT OCCUPIED
Asking Price
$149,000
Total Entry
$17,500
EMD
$1,500
Down Payment
$12,500
PITI
$1,201
Interest Rate
7.125%
Deal summary
4 bed · 2 bath · 1933 sqft · built 1920 · Cuyahoga County
Investor opportunity on W 111th St in Cleveland. You take over the existing mortgage at $1,201 a month with just $17,500 to get in, and the property rents for about $1,900 monthly. Built in 1920, 1933 sq ft, 4 bedrooms and 2 baths with an estimated $5,000 in repairs needed.
est. rehab $5,000