Click Here to View Before Pictures
Click Here to view After Pictures
This property was purchased January 2021 for $80,000 we had to add Approx $13,000 in rehab. for a total og $93,000. We added another $14,000 in updates and a new roof. The total is $107,000.
We leased the property March 1st 2021 for $1200 a month. It was lifted over the years. Let's look at the Numbers!
What we have deposited in the owners account
2021 $ 8,508
2022 $10,250
2023 $12,583
2024 $11,529
2025 $10,813
For a total of $53,683
The current tenant has been in this property since July 2023. Or 24 Months
Let's look at the approx worth $219,900
Approx Return
$219,900 (worth today) - $25,000 (Value add updates) - $107,000 (paid and rehab in home) = $87,900 Approx Equity
$87,900 (equity) + $53,683 (Net Income) = $141,583 Total
26% Return so far
Need this type of real estate for your Portfolio?
Let's Talk
Contact Brett 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/
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