Parma Home Producing Great INCOME Numbers

After Tenant Moved Pictures Click Here

We purchased this property off market from a licensed Realtor for $60,000 and we added in Aug 2021 $13,300. For a Total of $73,300.

We leased this property in Sept 2021 for $1250 a Month in 9 days.

We have had only 1 tenant in this property since 2021 and the property needs less than $4500 to get it back to rental condition.

During the last 3 1/2 years we lifted the rent to $1350 a month and then $1450 a month.

Let’s look at the Approx Numbers

2021 $ 1,250

2022 $ 8,717

2023 $13,511

2024 $11,367

Total $34,845

The approx value with Bathroom $12,000 is $195,000

$195,000-$73,300-$12,000= $133,700 in approx equity

$133,700+$34,845= $168,545 in approx profit

We will be leasing this property for $1700 a month.

So far this client is getting a 40%+ return

Contact Brett 216–703–5740 Key Realty and Property Management