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2056 101th Street Cleveland, OH 44102

$50,900.00 in Total

Description

2056 101th Street Cleveland, OH 44111
       
 SECTION 8 – Occupied duplex     Sale price   $50,900
 Units  2
 Income
 Rent (real)  $650  $1,300
 Expenses
 Maintenance  4%  $52
 City Taxes  $1,380  $115
 Insurance (estimate)  $800  $67
 Water $1,300  $ 108
 Prop Mgmt & Vacancy Rate  13%  $169
 Total Expenses  $511
 NOI (Net Operating Income)  $789
 Income (NOIx12)  $9,468
 Cost  $50,900
 Minor repairs      –
 Total investment   $50,900
 Return on investment    19.36%

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