Posts with tag 'South Euclid Property Management'

Finding a home that supports remot...

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We leased seven properties this month at full price rent or over $9000 a month for our clients. These are awesome properties that we found rehabbed and leased. The homes leased in under 18 days thanks to our awesome marketing company.

We also sold a property for a Client hd leased already for four years. We just sold that property for $175,000. We paid $90,000 for the property in 2020. I'll be getting all the numbers on that property in my website and my blog. We also just got another property under contract for Client . He leased that one for the last four years. Numbers on that one when it closes. All these properties have done very well and that's why I'm in business, but the market is still moving pace. There's a better time to purchase real estate before interest rates go down. Call me (Brett) 216-703-5740 Key Realty and Property Management Better properties exceptional results: https://realincomeproperties.blogspot.com/

We leased seven properties this month at full price rent or over $9000 a month for our clients. These are awesome properties that we found rehabbed and leased. The homes leased in under 18 days thanks to our awesome marketing company.

We also sold a property for a Client hd leased already for four years. We just sold that property for $175,000. We paid $90,000 for the property in 2020. I'll be getting all the numbers on that property in my website and my blog. We also just got another property under contract for Client . He leased that one for the last four years. Numbers on that one when it closes. All these properties have done very well and that's why I'm in business, but the market is still moving pace. There's a better time to purchase real estate before interest rates go down. Call me (Brett) 216-703-5740 Key Realty and Property Management Better properties exceptional results: https://realincomeproperties.blogspot.com/

 This property was remodeled for $8090 after over 3 years and the rent was raised to $1500 a month and leased in just 10 days. Happy Investor 

Now the owner can enjoy even more monthly income

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We purchased this property for $90,000 in February 2021. Rehab was $11,100 for a total of $101,100 invested.

Let's' Look at the Approx numbers on this property. Rent  $1100 Tax $103 Insurance $60 PM $88 Net $849 x 12 Months = $10,188 We added a little money to update $2000 The next tenant moved in and has been there ever since May 2021. Let's look at the approx income Rent  $1200 Tax $142 Insurance $60 PM $92 Net $906 x 15 Months = $13,590 The rent was raised to $1250 a month in Oct 2022 Let's look at those approx numbers  Rent  $1250 Tax $199 Insurance $60 PM $100 Net $891 x 12 Months = $10,692 The lease was raised to $1300 a month in 2023 Let's look at the approx numbers  Rent  $1300 Tax $200 Insurance $60 PM $125 Net $915 x 10 Months = $9,150 That is a total of $43,620 in net proceeds. During the last almost 4 years a approx total in repairs $4500 (Part of this is a new heater)  making the Approx Net $39,120 Let's look at the approx value from the MLS is $199,000.  That gives this client approx $98,000 in equity + $39,120 in approx rental proceeds  The grand total is $137,120 Approx Blended Return  Call me (Brett) 216-703-5740 Key Realty and Property Management

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