❌ "What's the cheapest deal?" ❌ "What's the highest rent?" ❌ "How fast can I close?"
But experienced investors ask: ✅ "What's my true net return after expenses?" ✅ "How stable is the tenant and neighborhood?" ✅ "What systems are in place to protect my investment?" ✅ "Who's managing the property when problems hit?"
? Because real wealth isn't built on price… ? It's built on systems, execution, and long-term cash flow.
Most investors lose money before they even buy… because they're asking the wrong questions.
? It's not about the cheapest deal ? It's about the one that PERFORMS
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.
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
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