5119 Joseph, maple heights 44137 $ 61,000 C. 44137 CLEVELAND | | | | | | |
5119 Joseph, maple heights 44137
$ 61,000 - 44137 CLEVELAND
Date: 1 / 19 / 2019
? 5119 Maple Hights Cleveland Joseph St
?Country
? City
? neighborhood
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Type of transaction
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️ The type of transaction a property that already has a paying tenant - the TurnKey deal
? The property under contract? - Yes, the property is under contract
? Multi-property property? - No
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Transaction data and asset
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? Buyer Price in Dollars: 61000
? Living Size in Square Fit: Property size in square fit sqft 1166
️ Year of construction: 1941
? Number of units in the property (doors): 1
? Number of bedrooms: 3
? Number of services: 1
⛏ Estimating the price for renovation required in dollars: 100
️ What renovation date should be completed: 1 / 15 / 2019 0: 00: 00
? Have you done this? Yes
? Link to the Axel Renovation Assessment if there is an assessment:
? Promoter escort fee: 5000
? Estimating closing costs and additional costs in dollars: 800
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? Total investment (purchase price + renovation price + escort fee + closing costs): 61900
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? About the area:
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Median house value about $ 87,000 Median rental value per month is about $ 850 -
? About the property:
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Expected annual revenues
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? Monthly rental 980
? Annual rental 11760
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Expected annual expenses
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Provision for unearned property leased: 500
? Management Company: 1176
? Maintenance: 500
️ Arnona: 1600
✍️ Insurance: 600
? Community Payments: 0
? Total annual expenses: 4376
? Net pre-tax annual cash flow:
? Gross Annual Return: 19%
? Net Annual Return: 12%
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? Comparative market data
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? Estimated market value of the property after renovation: 65000
️ Percentage of total investment relative to market price: 1
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? Comparative Market Analysis - First Property:
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? Address: 5216 Joseph St
? Living Size in Square Pitt: undefined sqft
️ Year of construction: undefined
? Number of bedrooms: 3
? Number of services: 2
? Distance from property: 0.2 miles
When did it sell: 43573
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? Sales Comparative Market Analysis - Second Property:
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? Address: 5059 Erwin St
? Living Size in Square Pitt: sqft
️ Year of construction:
? Number of bedrooms: 3
? Number of services: 2
? Distance from property: 0.5 miles
When did it sell: 43565
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? Comparative Market Analysis - Third Property:
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? Address: 5059 Erwin St
? Living Size in Square Pitt: sqft
️ Year of construction:
? Number of bedrooms: 3
? Number of services: 2
? Distance from property: 0.5 miles
When did it sell: 43565
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