4949 E 110th St, Garfield Heights, OH 44125 Date: 1 / 20 / 2019 4949 E 110th garfield ...
Original publication date at the US Real Estate Forum's Facebook arena:
2019-06-24T06:54:24+0000
4949 E 110th St, Garfield Heights, OH 44125
Date: 1 / 20 / 2019
? 4949 E 110th garfield Hights 44125
?Country
? City
? neighborhood
************************
Type of transaction
************************
️ 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
************************
Transaction data and asset
************************
? Buyer Price in Dollars: 60000
? Living Size in Square Fit: Property size in square fit sqft
️ Year of construction: 1924
? Number of units in the property (doors): 1
? Number of bedrooms: 4
? Number of services: 1
⛏ Estimating the price for renovation required in dollars: 100
️ What renovation date should be completed: 1 / 1 / 2018 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
************************
? Total investment (purchase price + renovation price + escort fee + closing costs): 65900
************************
? About the area:
Why invest in neighborhoods around Cleveland?
The CNBC website rated Cleveland as the leading city in the United States in yields, with low entry prices of approximately NIS X per apartment and a yield reaching 200,000 percent and above, the city becoming the hottest destination for US real estate investment.
Declining unemployment rate and rising house prices, all relevant real estate market profitability indicators indicate consistent economic growth in Cleveland.
The downward trend in housing prices, which characterized the city over the years, was reversed: housing prices rose, as did the demand for apartments. The unemployment rate fell to 2006 in November, less than half the rate in 2013.
? About the property:
A spacious property, after improvement, is leased to the tenant for about a year and a half. A desirable neighborhood.
************************
Expected annual revenues
************************
? Monthly rental 980
? Annual rental 11760
************************
Expected annual expenses
************************
Provision for unearned property leased: 500
? Management Company: 1176
? Maintenance: 400
️ Arnona: 3100
✍️ Insurance: 660
? Community Payments: 0
? Total annual expenses: 5836
? Net pre-tax annual cash flow:
? Gross Annual Return: 18%
? Net Annual Return: 9.11%
************************
? Comparative market data
************************
? Estimated market value of the property after renovation: 69000
️ Percentage of total investment relative to market price: 1
************************
? Comparative Market Analysis - First Property:
************************
? Address: 66
? Living Size in Square Pitt: undefined sqft
️ Year of construction: undefined
? Number of bedrooms: 66
? Number of services: 66
? Distance from property: 66 miles
When did it sell: 43466
Exclusive format for the real estate forum of the US Real Estate Forum:https://www.facebook.com/groups/RealEstateIsraelUSAFAQ
To view this property and other assets in the property arena:https://www.facebook.com/groups/711026639303612/
************************
? Sales Comparative Market Analysis - Second Property:
************************
? Address: 77
? Living Size in Square Pitt: sqft
️ Year of construction:
? Number of bedrooms: 77
? Number of services: 77
? Distance from property: 77 miles
When did it sell: 43466
——————————————————————————————————
Details about the type of transaction:
For Sale, Garfield Heights, Ohio, Single Family Home
Address:
4949 E 110th St, Garfield Heights, OH 44125, United States
This property was posted on the Real Estate Forum of the United States Real Estate Forum
To view the full details of the property please click on the link:
https://properties.www.forumnadlanusa.com/property/4949-e-110th-st-garfield-heights-oh-44125/
——————————————————————————————————
The properties on the site of the property arena will also be published here:
1. Facebook forum of the property arena
2. The main website of the forum
3. The main real estate Facebook page and interest
4. The mailing list of thousands of members who requested to be updated with assets from the property arena
To advertise properties, you can enter the property site, create a profile, and manage your assets:
https://properties.www.forumnadlanusa.com
Want to get all the forum updates to your email once a week? Register now for our mailing list:
https://www.forumnadlanusa.com/newsletter-signup/
Link to our main forum:
https://www.facebook.com/groups/ForumNadlanUSA
Forum link:
www.ForumNadlanUSA.com
You are invited to click on the link to reach the property page, and ask questions about the property in the form on the property page of the site, or here in the forum
Successfully!
This post is also available in: English (English) Date: 1/20/2019? 4949 E 110th garfield Hights 44125? ️ Country? City ? Neighborhood ************************* Type of transaction *********************** *? ️ Type of transaction Property that already has a tenant of its own….
Link to the original post at the Real Estate Forum of the United States real estate forum on Facebook - works on a desktop computer:
https://www.facebook.com/711026639303612/posts/804988513240757
The original responses to the post can be read at the bottom of the current post page on the site or in the link to a post on Facebook and of course you are invited to join the discussion
Responses