Jan 31 (edited) • Post Your Deals Here
Deal ready
📸 View Photos & Video Here:https://photos.app.goo.gl/sk4X4Rg7B3CZgPpt8
Property Highlights
- Single-Family Home – Delivered Vacant at Close
- 3 Bedrooms / 1 Bathroom
- 1,804 Sq. Ft.
- Excellent West Side location near MetroHealth, I-71, and downtown Cleveland
Deal Terms
- Starting Price: $99,000
- Buyer Pays Closing Costs
After-Repair Value (ARV)
- Estimated ARV: $150,000 – $165,000
Rental Income Potential
- Estimated Monthly Rent: $1,500 – $1,800
Investment Highlights
- Large square footage for the price point with strong value-add potential
- Vacant at close for immediate renovation and marketing
- Strong resale and rental demand due to proximity to hospitals, highways, and retail
- Opportunity to create significant equity through light-to-moderate updates buy at $99k
- • put $39k into in
- • sell for $160k
- • $20k profit before finance charges/closing costs
- Or
- • buy at $99k (financed)
- • put $20k into it (rehab to make rent ready)
- • refinance at a $165k valuation
- • get your down payment money back
- • keep property and cash flow $200 a month (and wait for appreciation)
- • use refi money to buy another
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8 comments
Deal ready
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