$14,148 a Year in Net Income + Built-In Equity
$1,600 Rent Delivered — Plus Approximately $30,000 in Equity
This property is another great example of delivering what we told the investor from the beginning.
The property features 2 bedrooms, 2 full bathrooms, and a 2-car garage. We projected that it would rent for $1,600 per month — and that is exactly what it rented for.
There were many details involved in getting this property purchased, rehabbed, completed, and leased. You can check out the video below to see the finished property and the work that went into it.
The investor also receives a one-year home warranty, helping provide additional protection after the rehab is complete.
Approximate Monthly Income
Rent: $1,600
Property Taxes: -$236
Insurance: -$60
Property Management: -$125
Approximate Net Income: $1,179 per month
Approximate Annual Net Income: $14,148
The client's all-in cost after rehab was approximately $155,000.
Based on comparable prop
erties in the area, the property is worth approximately $185,000, giving the investor an estimated $30,000 equity position.
That means this investor isn't only receiving monthly rental income—they also started with a significant amount of potential equity.
The Numbers
All-In Investment: $155,000
Estimated Value: $185,000
Estimated Equity: $30,000
Monthly Rent: $1,600
Approximate Monthly Net: $1,179
Approximate Annual Net: $14,148
Approximate Net Yield on Cost: 9.1% annually
The combination of cash flow + equity is exactly what we look for when helping clients purchase income-producing real estate in the Cleveland Metro area.
We told this investor $1,600 per month, and we delivered $1,600 per month.
That's what boots on the ground is all about: buy it right, rehab it right, lease it right, and manage it right.
Brett Young — Key Realty LTD
Phone: 216-703-5740
Website: http://www.clevelandincomerealestate.com
YouTube: http://www.youtube.com/@BrettYoungCashflowhomes
Real Estate Results & Stats: http://www.realincomeproperties.blogspot.com
Making Money w/Real Estate Takes More Than a Listing — It Takes Boots on the Ground
What does "boots on the ground" really mean when leasing real estate? It means having someone local who is actually there handling the details — checking the property, meeting contractors, making sure repairs are finished, getting professional photos and video completed, responding to leads, showing the property, screening tenants, and making sure the home gets leased as quickly and professionally as possible.
A rental property does not produce income while it sits vacant. That is why having experienced local help matters. With boots on the ground in Cleveland Metro, I help investors and property owners keep their properties moving from rehab to rent-ready to leased and income-producing. Brett Young — Key Realty LTD
Phone: 216-703-5740
Website: http://www.clevelandincomerealestate.com
YouTube: https://www.youtube.com/@BrettYoungCashflowhomes
Real Estate Results & Stats: http://www.realincomeproperties.blogspot.com
? Email: by56083@gmail.com ? Hit subscribe and let's build your real estate success story with proven strategies, best deals, investment principles, insider tips, and unmatched expertise! https://www.youtube.com/@BrettYoungCashflowhomes/?sub_confirmation=1 #BootsOnTheGround #ClevelandRealEstate #RentalProperty #PropertyManagement #RealEstateInvesting #ClevelandRentals #RentalIncome #LandlordTips #IncomeRealEstate #RealEstateInvestor
Weekly Property Updates: The System That Protects Investor Profits
Updating a property for a client is about more than getting the work done quickly — it is about keeping the client informed every step of the way.
A big part of my YouTube channel is dedicated to weekly property updates, showing clients exactly where their project stands during construction. This helps my investors see what is being done, understand what items are needed, and feel confident that their property is being watched closely.
For international and out-of-state investors, this is extremely important. They are not here in person, so weekly updates help ease their mind and show them that their investment is being taken care of properly.
After 1200+ properties, I have built a system around communication, weekly site visits, contractor accountability, and making sure the right work gets done before problems become expensive.
I have received many calls from investors who could not get contractors to finish the job, or who were stuck in a cash-draining construction mess. That is exactly why I built my company this way — so my clients do not have to deal with that.
Before we purchase a property, we look at what it needs, what the numbers look like, and what it will take to make it a successful income-producing investment.
Need this kind of service?
It can be the difference between making a lot of money — or losing a lot of money.
The above video is a current example.
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Cleveland Income Real Estate
Key Realty LTD-Brett Young
Call/Text: 216-703-5740
Website: https://www.clevelandincomerealestate.com/
Stats: https://realincomeproperties.blogspot.com/
YouTube: https://www.youtube.com/@BrettYoungCashflowhomes -
#RealEstateInvesting #ClevelandRealEstate #IncomeRealEstate #InvestmentProperty #TurnkeyRealEstate #OutOfStateInvestor #InternationalInvestors #PropertyRehab #RehabUpdate #WeeklyUpdates #ContractorManagement #PropertyManagement #RentalProperty #CashFlowProperties #ClevelandIncomeRealEstate #InvestorSuccess #RealEstateUpdates #CashFlowHomes #BuyRehabRentManage #BrettYoungRealEstate






