3813 W 129th St Cleveland, OH 44111
3bd, 2ba | 1,350sqft | Built in 1939
Expand
Initial Investment
$84,144
List Price: $82,900
Purchase Price
$82,900
Down Payment
100%
Rent
$895

Total Return
$26,381
Annualized Return
6.2%
Cap Rate
6.6%
Gross Yield
13.0%
Cash Flow
$4,854
Appreciation
1.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
03/01/2019 
Lease End
02/28/2021 
Lot Size
5,000 
HOA
None
Flood Risk
Not Required

  • Appealing two-story home with wood floors
  • Leased through 2/2021

Buy It Now: Offers at list price include an American Home Shield home warranty.

Annual Financial Highlight
Expected Rent
$10,203
Expenses
-$2,949
Property Taxes
-$2,400
Loan Payments
$0

Net Cash Flow
$4,854
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

BESbswy