Turnkey Spotlight: High-Yield Returns and Hassle-Free Management
That's a rockstar investment case study for 4407 Woodway Ave! ??
Investment Real Estate Case Study
This property was purchased in 2019 for $76,000 with approximately $19,000 in updates, bringing the total investment to around $95,000 Since the purchase, the property has performed extremely well both in rental income and appreciation.
Today, the estimated value of the property is approximately $199,000, showing strong appreciation in the Cleveland real estate market.
But appreciation is only one part of the investment story.
The real power of income real estate is the monthly rental income combined with long-term equity growth.
The property was first leased on March 2019 The original tenant is the only tenant and they have been there for 81 months and paid rent on time, which is exactly the type of tenant stability investors want to see. Leased Started @ $1250 a month and has lifted to $1450 a month.
Here is the actual rental income that has been deposited into the client's bank account through our property management system.
Rental Income Breakdown
2020: $8,657
2021: $12,091
2022: $6,730
2023: $5,596
2024: $7,392
2025: $8,006
2026: $1904 (just paid property taxes)
Total Rental Income So Far: $50,375
Current Estimated Profit
Now let's look at the approximate profit on this investment so far.
Current Estimated Value: $199,000
Total Purchase & Rehab: $ 95,000
Estimated Closing Cost if Sold: $15,000
Estimated Future Rehab / Refresh: $25,000
Add the $50,375 in net rental income received to date.
This brings the approximate profit so far to:
$114,375
That represents approximately an 14% return so far, we are currently getting it ready t o sale
This is why many investors focus on buy-and-hold income real estate in strong rental markets like Cleveland.
The strategy is simple:
Buy the property right.
Place strong tenants.
Manage the property properly.
Allow rents and values to rise over time.
Handling the Entire Investment Process
Our team handles the entire investment lifecycle for many of our clients:
Finding the property
Analyzing the deal
Coordinating updates
Placing qualified tenants
Managing the property
Tracking income
Helping investors capture equity when they sell
Many of our investors live out of state or even internationally, so having a local professional who understands the Cleveland rental market and property management process is critical.
Let's Talk
Brett Young
? (216) 703-5740
Key Realty & Property Management
Mega Million Dollar Producer
? Award Winning Realtor
? 1200+ Properties and Counting
? See what our clients earn:
https://realincomeproperties.blogspot.com/
#KeyRealtyLTD #ClevelandRealEstate #OhioRealEstate #ClevelandHomes #InvestmentProperty #RealEstateInvesting #IncomeProperty #CashFlowRealEstate #RentalProperty #LandlordLife #PropertyManagement #ClevelandInvestors #TurnkeyProperty #ValueAddRealEstate #BuyAndHold #RealEstateDeals #FixAndFlip #BRRRRStrategy #ClevelandRealtor #TopRealtorOhio #ForSaleOhio #HouseHunting #RealEstateMarketing #PopArtRealEstate #ModernRealEstate #ListingAgent #SellYourHome #RealEstateExpert #HomesForSaleOhio #NortheastOhioRealEstate #216RealEstate #ClevelandProperty #RentalIncome #WeBuyRentSell #RealEstateBranding #DealClosed #DealAlert #InvestorFriendly #CashFlowHomes #KeyRealtyGroup
Turnkey vs. DIY: Which Is Better For Your Cleveland Property Investment?
Turnkey vs. DIY: Which Is Better For Your Cleveland Property Investment?
For anyone looking into real estate investing Cleveland has long been a beacon of opp...
Getting Properties back on the Market Quickly!
If you're an out-of-state investor holding property in the Cleveland market, there is one word that should keep you up at night. It isn't "taxes." It isn't "maintenance." It isn't even "snow."
This property was vacated 1 week ago and we immediately we got the property pictures. This tenant did little damage to the property.
We finished the property in 3 days, making it ready for final pictures and virtual tour. The property was added to the MLS and Zillow yesterday.
Moving quickly after a tenant moves out is everything to making the maximum income and ensuring your property works for you.
Key Realty Property Management does this with every property we manage. We understand that a property needs tenants paying rent to remain healthy.
Need to get real estate that works for you? Have a property that is not producing? Key Realty LTD may be your answer,
After completing over 1,200 Properties and being investors ourselves we know what it takes to have a successful income real estate.
We also consult you on when to sell and what is needed in your property for updates to get the max price for our clients.
When we look at your property, we see it through the lens of ownership. We ask ourselves: "If this was my mortgage payment, how fast would I want this fixed?" This perspective is why some investors have it and others don't. It's the difference between a service provider and a partner.
Let's Talk
Brett Young
(216) 703-5740
Key Realty & Property Management
Mega Million Dollar Producer
Award Winning Realtor
1200+ Properties and Counting
See what our clients earn:
https://realincomeproperties.blogspot.com/
.png)
#ClevelandIncomeRealEstate #ClevelandInvestors #ClevelandRealEstate #NortheastOhioRealEstate #OhioIncomeProperty #ClevelandLandlords #RentalPropertyCleveland #CashFlowCleveland #ClevelandPropertyManagement #KeyRealty #ClevelandRealtor #ClevelandInvestmentProperty #BuyAndHoldCleveland #ClevelandRentalHomes #OhioRealEstateInvesting #ClevelandMultifamily #SingleFamilyInvesting #CashFlowRealEstate #ClevelandEquity #RealEstateReturns #IncomeProducingProperty #ClevelandOffMarketDeals #TurnkeyCleveland #ClevelandBRRRR #ClevelandRentalInvesting #NortheastOhioInvestors #ClevelandHousingMarket #LongTermWealth #RentalIncomeOhio #ClevelandRealEstateExpert
