🔥 Real Estate That Just Keeps On Paying You Back

🔥 Real Estate That Just Keeps On Paying You Back

Click below to View Before Pictures
https://photos.google.com/share/AF1QipMT5s-fySqM7VgRiz0d-eVWgvlXwinqcYgLFqlPrQs585NePchSjWU27W2N249llw?key=dnYwNEU0RllHOTNucFNJM0p3T3J4SkVvaDdtMERR

Click below to View After Pictures
https://photos.google.com/share/AF1QipO3k7ZQr-u11cQoFQ-VbdTZxszoaY4nfuHpMFbf1_KuJ9vPa7MvNUDGlc6KKYkgPg?key=cklCcWVoQkFBOGUzbjktUUdzZ1FVUnY4QVdpRTlB

This property was purchased in May 2021 for $110,000 and the rehab was $24,500 (Got a new roof and drain line). The total on purchase and rehab was approx $134,500

We leased this property in Feb 2022 for $1400. The rehab was extensive and we had a lot of work to do to get the property in the condition to create profit. We have lifted the rent to $1450 a month and will be moving to $1500 early next year.

Only 1 Tenant in this property. This tenant has been there 48 months

Let's look at the money that was deposited in this owner's account after expenses

2022 $11,650
2023 $11,238
2024 $11,387
2025 $11,509

Total cash deposited $45,784

Let's look at the approx worth of this property today based on the MLS Comps is $250,000

The approx overall picture for profit on this property is as follows

$250,000-$134,500 (cost of purchase abd rehab) - $25,000 (value add needed) + $45,784 (rent proceeds) = $136,284

That is a 23% return on this client's money!

Better Properties Exceptional Results

Don't do Real Estate Alone

Let's Talk

Contact Brett Young (216) 703-5740 Key Realty and Property Management

Mega Million Dollar Producer and Award Winning Realtor 1200+ Properties and counting

Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate

Need Property Management? Go to https://pmohio.org/

Go to https://www.clevelandincomerealestate.com/ for my Blog

DIY Property Management https://www.ohiopmservice.com/

Go to https://www.cashflowrealtygroup.com/ to see how we finish homes

List Your Home @ https://listcleveland.com/

Check out my videos @ https://www.youtube.com/@BrettYoungCashflowhomes

#SmartInvestment #propertyinvestment #propertymanagement #smarthome #rentalproperty #RentalProperties #realestate #business #money #success #KeyRealty #investmentproperty