4138 Stilmore Rd
South Euclid, OH 44121
List Price
$130,000
Initial Investment
$37,878Purchase Price
$139,000
Down Payment
25%
Rent
$1,525
Total Return
$75,875
Annualized Return
25.7%
Cap Rate
7.0%
Gross Yield
13.2%
Cash Flow
$1,245
Appreciation
8.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lease Up Guarantee
Yes
Lot Size
5,480
HOA
None
Flood Risk
Not Required
Charming 3BD/2BA South Euclid Bungalow in the Bexley Neighborhood. Large Light Filled Living Room w/ Decorative Fireplace. Dining Room Leads to the Kitchen as well as an enclosed patio/porch w/ separate entrance perfect for an office or additional sitting room. Two Bedrooms on the 1st Floor w/ a Full Bath. 2nd Level Features a Large Primary Suite w/ an additional full bath and plenty of closets/storage space. Partially finished lower level is ready for some finishing touches to make for an amazing additional living space! One Plus Car Garage w/ Opener. Partially Fenced in Backyard. Newer roof, windows, central A/C, water heater, electrical panel, glass block windows, driveway, and more. Home Warranty Included. Minutes from Cleveland Clinic, UH, University Circle, Museums, and Area Shopping and Dining.Call for your Private Showing Today!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$17,385Expenses
-$4,865Property Taxes
-$3,718Loan Payments
-$7,557Net Cash Flow
$1,245See 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:Keith Kiefer
Kiefer Realty Group
Kiefer Realty Group
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 #4399924
Last Updated: 08/20/2022 14:08
MLS #4399924
Last Updated: 08/20/2022 14:08