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6*** Engel Ave.

Cleveland

,

OH

44127

$

105,000

3
bds
1
ba
976
sqft
12
%
Cap Rate

Standout Features

Fully Rehabbed
Updated Electrical
Updated Plumbing
CMHA Tenant
6 Month Warranty

Details

We make investing in rental properties simple, profitable, and hassle-free.

Property Highlights

  • 3 bed/ 1 bath Single
  • Rent: $1,200/month
  • Gross: $14,400/annually
  • Taxes: $934.08 /annually (Pulled off county site)
  • Insurance: $600/annually EST
  • Net: $12,865.92 /annually
  • Retail Price: $105,000
  • Cap: 12.2%

What We Provide:
✔ Acquire distressed properties with strong potential
✔ Rehab to CMHA standards for inspection approval
✔ Place subsidized tenants (Section 8 / HUD VASH / Eden)
✔ Full-service property management on your behalf
✔ Dedicated in-house liaison between you and your rental income
✔ 6-month warranty on all purchases (from lease start date)
✔ Ongoing maintenance, landscaping, and more

Let us handle the work so you can focus on the returns.

This Single Family Home is currently being renovated and will be turnkey in around 120-150days upon purchase and CMHA Tenants (Subsidized) will be placed (could possibly be sooner) ! We also offer a 6 month warranty on our homes as well!

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