Address: 10904 Tacoma Ave Cleveland, OH 44108 This is a cashflow property. With taxes of only $521.64 per year and with two units, this is a true cash cow. The bottom unit is currently rented for $525/mo. The top unit will be delivered vacant, or we can place a tenant for you. Market rent for the unit is around $550-$650/mo. The property needs no work. Start collecting rent! ROI numbers are below. Purchase Price: $60,000 Estimated Monthly Rent: $1,125/mo. Yearly Rent: $13,500 - Yearly Insurance: $600/yr. - Maintenance (10%): $1,350/yr. - Vacancy (5%): $675/yr. - Management (10%): $1,350/yr. - Taxes: $521.64/ yr. =$9,003.36/yr. Net Income $9,003.36 / $60,000 = 15% ROI We will accept cash or pre-qualified buyers to purchase. If interested, call/text 216-586-4917.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
