New – Month To Month Lease, Currently Rented At $450

Good investment property.
Property for sale in Cleveland, Ohio. This is a great value. This House is offered by Owner located in Missouri. Built around 19?? the property is approximately ??? square feet. Minimum offer is $99.

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UP for auction is a HOUSE its a 2 bed / 1 bath. address is / cleveland, ohio. One of our construction handymen will be renting this out at $450 on a month to month lease, while he works up there. We have bought quite a few houses in Ohio he will most likely be up there for 6-9 months. We contacted a property manager in the area for pictures along with fair market rent she said about $450 a month. Please look at our other auctions. this house is in above average shape, nothing major needs to be done. its in a great rental area with very few vacancy or boarded up houses Already Rented/Leased @ $450 Per Month Investment Property on a month to month. The lease starts September 21st, 2010 TENANT PAYS ALL UTILITIES TAXES ARE ABOUT $350 A YEAR. INSURANCE IS ABOUT $400 A YEAR. PROFORMA ON A YEARLY SCHEDULE @ $450 a month RENT AT $450 A MONTH .................$5400 TAX...................................................$ 350 INSURANCE......................................$ 400 VACANCY AT 7%...............................$ 378 NET INCOME $4,272 Payment will be made through one of the following paypal, money order, check, wire EBAY WILL BE NOTIFIED IF YOU DO NOT PAY! There is no reserve on this auction. There will be $200 added to the end of the bidding to pay for title work prep prepared by a real estate attorney, you will be sent in the mail the deed just so it is quick. we can not control how long the counties take to record it (usually about 3-4 weeks) so we have decided to do it this way.

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