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  • 3
  • Ohio
Price £21,093
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Property Description

3636 E 105 St, Cleveland, OH 44105 is a detached 2/3 bedroom single family home of 837 sq.ft. on a lot of 3,150 sq.ft. which was built in 1910 and benefits from a garage. The property has recently been refurbished and is newly tenanted at $700 per month.

This single family home is located in the sought after Union Miles Park district and sold for $99,000 in 2005.

Unlike most of our competitors we take in to account all purchase costs and ongoing expenditure to give you a genuine net yield.

FINANCIAL ANALYSIS:

Sales Price: $33,000

Buying Costs: $2,500

TOTAL CAPITAL OUTLAY: $35,500

ANNUAL RENTAL INCOME: $8,400

OUTGOINGS:

Property Taxes: $510

Insurance: $500

Property Management: $840

TOTAL OUTGOINGS: $1,850

NET ANNUAL INCOME: $6,550

This represents a genuine net yield of 18.45% per annum. Please contact us for further information or to request a reservation form.

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