5126 Cato St

Maple Heights, OH 44137
image0

4 bd, 2 ba | 2,057 sqft | Built in 1950

slider image
slider image
slider image
List Price
$129,500

Initial Investment

$35,289

Purchase Price

$129,500

Down Payment

25%

Rent

$1,140

Total Return

$43,669

Annualized Return

17.6%

Cap Rate

5.9%

Gross Yield

10.6%

Cash Flow

-$11

Appreciation

6.0%
refreshReset to Default
Edit Assumptions
Features

Lot Size

5,560

HOA

None

Flood Risk

Not Required

This 4 Bedroom, 1.5 Bath Single Family Home with 2 Car Garage Will Surprise You in so Many Ways! Resting on a Quiet Street in Lovely Maple Heights, Only 2 Minutes from I-480, the Convenience and Location are Fantastic. Entering the Home You're Greeted with a Large Living Room with Views Toward the Rear of the Home... So Inviting! Both Bedrooms on the First Floor are an Absolute Treat with a HUGE Master Bedroom which comprises of two Separate Rooms With Flow Seamlessly Together! Bathroom on 1st Floor is Clean & Updated. Eat-In Kitchen is Nice With Everything in it's Proper Place! Upstairs Features Two Additional Bedrooms with a Terrific On-Suite Half Bath! Basement is Waterproofed and has a Large Finished Recreation Room for Enjoying Some Respite from the Hot Sun in the Summer or a Break from the Bitter Winter Chill! Laundry Room in the Basement is Clean and Orgnized. Updates Include: Newer Furnace, Newer Central Air, Newer Vinyl Replacement Windows Throughout, Newer Glassblock, Newer Roof, Updated Electric Service Panel (100 amp), Newer Garage Pad... And So Much More! Property is Currently Tenant Occupied on a Month-To-Month Lease at $1175/month. Plesae Do Not Approach Tenants. Super Home in a Great Location... Don't Miss This One!

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

Expected Rent

$12,996

Expenses

-$2,976

Property Taxes

-$2,990

Loan Payments

-$7,040

Net Cash Flow

-$11

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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.

Similar Listings



Listing Courtesy of:Victor Duqum
Agent License 2012003077
VSD Realty, LLC.
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #4461838
Last Updated: 05/26/2023 09:05
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.