Four bedroom house, City of Cleveland, USA

City of Cleveland, Cuyahoga County, Ohio, USA

Property ID: 41694419

Summary Data

Price £50,869
Price Type
Bedrooms 4 - Bed
Bathrooms 1 - Bath
Plot Size
Building Size
Sector Residential
Type Houses
Subtype
Tenure
Completion
Parking

Location Map

Property Description

This fantastic four bedroom single family home is located on a very nice
street in Woodland Hills less than five minutes from the famous Shaker
Square, one of the biggest attractions in Cleveland. Shaker Square is full
of restaurants, bars, boutiques and even has a cinema.
The property has four spacious bedrooms, one bathroom, a large lounge
diner, a full basement and has recently been made rent ready, the
property is newly tenanted at $1,180 per month.The house is under
management with a great local Cleveland property management
company.

Woodland Hills is viewed as a very central location in Cleveland Ohio, it
is just 6 miles from Downtown Cleveland, just 3 miles from the University
Circle. The house is in one of the nicest parts of Woodland Hills and sits
right next to Benedictine High School which is a very highly rated private
Roman Catholic college preparatory high school for boys.

Investment Calculations
Purchase price
$59,900
Gross annual rental income:
$14,160
Property running costs:(Tax, insurance and management costs)
$2,862
Net annual rental income:
$11,298
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

19%

Break even in

5.26 Years

No investment data available