3267 E 128th St

Cleveland, OH 44120
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3 bd, 2 ba | 1,801 sqft | Built in 1993

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List Price
$80,000

Initial Investment

$26,345
Pre-approval letter or proof of funds required.

Purchase Price

$82,000

Down Payment

25%

Rent

$1,134

Total Return

$58,796

Annualized Return

30.6%

Cap Rate

10.5%

Gross Yield

16.6%

Cash Flow

$3,376

Appreciation

9.2%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

5,998

HOA

None

Flood Risk

Not Required

Welcome to 3267 E 128th St. This 3 bedroom 1-1/2 bathroom Colonial style home is perfect for owner occupants and investors alike. New floors, updated kitchen, open 1st floor plan, sliding patio doors lead directly to your serene and tranquil fenced in backyard. Conveniently located near shopping and restaurants. Hurry home!-schedule your showing today.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

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Annual Financial Highlights

Expected Rent

$12,928

Expenses

-$4,443

Property Taxes

-$650

Loan Payments

-$4,458

Net Cash Flow

$3,376

See 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:Joe Lieber
Joe Lieber- Self Manage
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4418242
Last Updated: 10/28/2022 12:10
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.