4BR Home in Cleveland , OH

About This Property

An absolute cash-flow monster with unbeatable seller finance terms. This property features an existing loan amount of Contact for details at a 3% interest rate, bringing the principal and interest payment to just $360/month. With a market rent of Contact for details/mo, the spread on this deal is massive. The property has already received major mechanical upgrades, leaving only a light cosmetic punch list to get it rent-ready. The Numbers Purchase Price: $219,500 Down Payment: Contact for details Loan Amount: Contact for details Interest Rate: 3% P I Payment: $360/month Period: 4 Years Estimated Contact for details Market Rent: Contact for details/month Closing Costs: Buyer pays buyer-side only Property Mechanical Updates The expensive mechanical "budget-killers" are already completely taken care of: HVAC: Brand-new furnace installed. Electrical: New electrical panel. Plumbing: Brand-new water heater. Interior: Brand-new flooring already laid Down Payment: Contact for details Estimated Rehab Budget: Contact for details (To finish up cosmetics and get it rent-ready). The Strategy (The Ultimate BRRRR / Buy Hold) At a $360/mo P I payment and Contact for details/mo market rent, your cash-on-cash return on this deal is sky-high. Put $15k into finishing the cosmetics, pull a tenant in at top market rent, and heavily for the next 4 years before the. Call/Text Kevin at (678) 990-5376 or to schedule a walkthrough or submit an offer!

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