Key Realty P/M Income Property Case Study

"If the basement looks good, the whole property looks good.

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Brett Young (216) 703-5740 Key Realty and Property Management

Mega Million Dollar Producer and Award Winning Realtor 1200+ Properties and counting

Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our realestate Need Property Management?

Go to https://pmohio.org/

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#RealEstateTips #PropertyValue #BasementUpgrade #RentalProperty #InvestSmart #HomeInspection #RehabTips #PropertyManagement

"Most people only see the pictures and the price in real estate…

But the real problems?

You don't see those until it's too late.

Behind fresh paint can be old roofs, bad plumbing, or electrical issues.
That 'new renovation'?

It might be unpermitted work that won't pass city inspection.

Online rent estimates look great…
Until you realize the neighborhood can't support that rent.

And nobody talks about tenant history, drainage issues,
or city violations waiting for the new owner.

This is why real estate isn't about finding a deal.
It's about knowing what to look for before you buy.

If you want to avoid expensive surprises,
work with someone who sees the problems before they cost you money."

#RealEstate #RealEstateInvesting #RealEstateTips #PropertyInvestment #RentalProperty #HiddenCosts
#DueDiligence #RealEstateEducation #InvestorTips #WealthThroughRealEstate

This Property was leased in 5 days Jan 2026 and the rent was lifted to $1600 a month which is $1200 a year for this client. We added $5450 in updates including reflooring the entire home with Luxury Vinyl 

Click here for Before pictures

Click here for After Pictures 

This property was purchased April 2023 for $106,000 and rehab $10,675 for a total of $116,675.   This property was leased in May 2023 in 8 days for $1350 a month.  Let's look at the returns Net lease deposits after taxes, insurance and Property management 

2023  $5,925

2024   $7,751

2025 $5,132

Total $18,808 Net

That means the 1st tenant stayed for 16 months and paid their rent on time and took care of the property. We had to add $2200 in the property to get it back on the market. Quality tenants create easier income and less money out of our clients pockets.  

The new lease on this property was from am existing tenant that has stayed in a property for over 4 years and wanted to stay with our property management. The relationship with the tenants and being consistent on keeping our properties nice really creates income for our clients. We also got another $150 a month or $1800 a year.

Let's look at the new approximate numbers.  Lease $1500 Tax $222 Insurance $60 P/M $125 Net $1093 or $13,116 a Year 

Approx net worth $175,000

Let's look at the Approx numbers now 

Worth $175,000-$116,675 (cost of home and rehab) - $7,650 rehab to lease = $50,675 Approx Equity $50,675 + $18,805 Net proceeds from rent = $69,480

Need Real Estate that is Profit Ready and in already established areas? 

Call me (Brett) 216-703-5740 Key Realty and

Property Management