Weekly Ad : Two great deals for your portfolio

1348 square ft Colonial in central Cleveland Heights. Features four large Bedroom’s with one full bathroom. Hardwood floors throughout with beautiful crown molding and original wood trim. Home has 2 fireplaces, newer vinyl windows and newer roof. Large 2 car garage on .110 acres of land.

Sale Price —————— $17,000
Offer Price —————– $ 14,000 to $15,500
Rehab cost —————— $ 32,000 to $34,000

Positive Cash Flow after expenses will be around $640.
Rent ————————- $ 1050
Taxes ————————-$258 a month
Prop Management ———— $ 105
Insurance ——————– $ 40
Positive Cash Flow ———– $ 647
Net Return ——————— 15% to 16 %

Need for Speed investment
This home is already Finished and ready to be rented…

This beautiful 3 bedroom, 1 1/2 bath colonial is completely remodeled, immaculate and violation free. There are beautifully refinished hardwood floors throughout. The large living room with a leaded glass picture window opens into a lovely formal dining room. The kitchen is updated and gorgeous with lots of storage. All 3 bedrooms are large and both baths have been tastefully updated. The basement is finished providing a great additional living space.

Property #’s Below:

Purchase Price ———————– $48,500

Rehab cost —————————- $ 0

After Expenses Positive Cash Flow over $580

Rent ———————————— $ 850

Taxes ————— ——————- $ 135 a month

Prop Management ——————- $ 85

Insurance —————————– $ 40

Positive Cash Flow —————— $ 590

Net Return ————————– 14% to 15 %