Houses_Cleveland_Ohio
MUST SELL!
     
     40-209-1563
 

 What a Great Deal!

4 Years Spent Updating All 24 Condo(s)

All Seperate Parcel Numbers

21 Moved In And 3 Waiting Upon Completion!

 Address Not Given - Due to Tenant Privacy!

SELLER FINANCING!

Call For Details:  440-209-1563

 
 

 
RENTAL SCHEDULE 
UNIT  TENANT NAME  LEASE EXP  PRICES  #Bed/Baths Lease Term  Heat Included Water Included Electricity Included
101  LA TOYA MCGUEE  07/01/10 $575.00 1/1 1 Year NO Yes NO
102  KIARA PATTERSON  10/15/10 $600.00 1/1 1 Year NO Yes NO
103     $575.00 1/1   NO Yes NO
104     $575.00 1/1   NO Yes NO
105  BRITNEY CRISP  09/05/10 $475.00 1/1 1 Year NO Yes NO
106  DONNA WILLIAMS  12/18/10 $475.00 1/1 1 Year NO Yes NO
107  KIMBERLY CRISP  10/01/10 $475.00 1/1 1 Year NO Yes NO
108  DELORES NEELY/ CARL NEELY  11/01/10 $475.00 1/1 1 Year NO Yes NO
201  REGINA HENDERSON  09/03/10 $575.00 1/1 1 Year NO Yes NO
202  CONSUELA HARRIS  06/01/10 $575.00 1/1 1 Year NO Yes NO
203  SHANTAY WALTON  10/01/10 $575.00 1/1 1 Year NO Yes NO
204  MARGIE ROBINSON DIMITRIS SALTERS  11/01/10 $575.00 1/1 1 Year NO Yes NO
205  TYRAN CARLISLE  07/13/10 $450.00 1/1 1 Year NO Yes NO
206  DESIREE M. PLUMMER  02/17/11 $475.00 1/1 1 Year NO Yes NO
207  TANYA SAVIOR  11/01/10 $475.00 1/1 1 Year NO Yes NO
208  CAROLYN SHY  08/01/10 $475.00 1/1 1 Year NO Yes NO
301  KENDRA ROLLINS  02/19/11 $575.00 1/1 1 Year NO Yes NO
302  MICHELLE WILLIAMS  08/15/10 $575.00 1/1 1 Year NO Yes NO
303  ANN GIBSON  12/05/10 $575.00 1/1 1 Year NO Yes NO
304  AMANDA CANCEL BONITA FONTAINE  03/01/11 $575.00 1/1 1 Year NO Yes NO
305  ARRIANE BRENTS  08/15/10 $435.00 1/1 1 Year NO Yes NO
306  DARLENE PICKENS  10/01/10 $475.00 1/1 1 Year NO Yes NO
307  TIANA JOHNSON  08/01/10 $475.00 1/1 1 Year NO Yes NO
308  DARLENE GIBSON MONTE JOHNSON  02/01/11 $475.00 1/1 1 Year NO Yes NO
GROSS POTENTIAL INCOME
UNIT LEASE EXP  PRICES  Lease Term  #Bed/Baths Yearly Revenue Heat Included Water Included Electricity Included
101 07/01/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
102 10/15/10 $600.00 1 Year 1 $7,200.00 NO Yes NO
103 05/01/11 $575.00 1 Year 1 $6,900.00 NO Yes NO
104 05/01/11 $575.00 1 Year 1 $6,900.00 NO Yes NO
105 09/05/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
106 12/18/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
107 10/01/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
108 11/01/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
201 09/03/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
202 06/01/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
203 10/01/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
204 11/01/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
205 07/13/10 $450.00 1 Year 1 $5,400.00 NO Yes NO
206 02/17/11 $475.00 1 Year 1 $5,700.00 NO Yes NO
207 11/01/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
208 08/01/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
301 02/19/11 $575.00 1 Year 1 $6,900.00 NO Yes NO
302 08/15/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
303 12/05/10 $575.00 1 Year 1 $6,900.00 NO Yes NO
304 03/01/11 $575.00 1 Year 1 $6,900.00 NO Yes NO
305 08/15/10 $435.00 1 Year 1 $5,220.00 NO Yes NO
306 10/01/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
307 08/01/10 $475.00 1 Year 1 $5,700.00 NO Yes NO
308 02/01/11 $475.00 1 Year 1 $5,700.00 NO Yes NO
$150,720.00

 

Market Value: $1,560,000

Current Offering:

 

Asking:  $845,000

$338,000 (Buyer):                 6.5%      $2,136

$507,000 (Seller Finance)    6.99%    $3,370

Tax/Ins/Exp:                                        $4,000

_______________________________________

Total Debt/Expense:                            -$9,506

 

Current Cash Flow:                              +$12,560

_______________________________________

 

Net Income (Monthly):                            +$3,054

 

Yearly Net:  ($36,648)

Cap Rate:         4%

 

Keep in mind all units are new and can be sold individually.

 

440-209-1563

 

We will help with transition, stay on for up to one year.

 

 

 

 Notes:  Professional Landscape

              Reinforced Cement

                  Two Fire Sensors Per Unit

               Stainless Steel Appliances

 

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440-209-1563