12809 McCracken Rd
Garfield Heights, OH 44125
List Price
$129,900
Initial Investment
$35,338Purchase Price
$115,000
Down Payment
25%
Rent
$1,000
Total Return
$49,392
Annualized Return
18.7%
Cap Rate
5.3%
Gross Yield
10.4%
Cash Flow
-$756
Appreciation
8.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Property Type
Duplex
Lot Size
4,800
HOA
None
Flood Risk
Not Required
Nicely remodeled two family home. First floor unit has 2 bedrooms one bathroom. Updated kitchen flooring, cabinets, countertops. Second floor until has 2 bedrooms one bath. Immediately occupancy.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$11,400Expenses
-$3,012Property Taxes
-$2,892Loan Payments
-$6,252Net Cash Flow
-$756See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Michael Love
EXP Realty, LLC.
EXP Realty, LLC.
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4423763
Last Updated: 01/16/2023 12:01
MLS #4423763
Last Updated: 01/16/2023 12:01