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42xx E 114th St.

Cleveland

,

OH

44105

$

130,000

4
bds
2
ba
2000
sqft
12
%
Cap Rate

Standout Features

New Electrical
Full Interior Rehab
New Plumbing
6 Month Warranty
Turnkey

Details

Rent - $1,700.00

Gross Rent - $ 20,400.00

Taxes - $661.40

Water / Sewer - $1,800.00

Insurance - $800.00

Net Rent - $17,138.60

10% Management - $2,040.00

Net Rent with Management - $15,098.60

Purchase Price - $130,000.00 @ 11.6% Cap with management!

This Duplex will be fully rented out within 60-90 days. A full interior rehab will be done and exterior items as well. The tenants placed in this home will be subsidized Veterans that have a normal tenancy from 5-7 years. This Duplex will be a great investment with continuous cash flow!

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