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Cleveland, Cuyahoga County, Ohio, USA

£97,994
USD $124,900
Global Investments USA, Manchester
PROPERTY TYPE

Detached

BEDROOMS

3

BATHROOMS

1

SIZE

1,109 sq ft

103 sq m

Key features

  • Three bedrooms
  • Tenanted
  • Fully managed
  • Local staff
  • Garden
  • Great location
  • Good condition

Description

This fantastic three bedroom property is not about the return, it is about purchasing a house in a
A + Area where properties can sell for over 1.5 million.Mentor On The Lake is a highly sought
after area and has been voted one of the best areas to live in the whole County. This particular
property is just four miles to Mentor Lagoons Nature Preserve & Marina.
The house has three very spacious bedrooms, one bathroom and a large garage, more great
features include full fenced in yard with large storage shed, situated near a cul de sac. The
house is in great condition and now vacant, the new owner will need to spend some money
making the property rental ready so the management company could place a brand new tenant.
The house should achieve $1,250 in rent each month. The property is also on a double lot that
could be built on.

Mentor On The Lake is located in the Northeast corner of Ohio along the shores of Lake Erie.
Mentor-on-the-Lake is a wonderful place to live and raise a family and is incredibly popular with
tourists, you will find hotels such as the the Marriott, The Hampton, Best Westin and plenty of
bars and restaurants.

Investment Calculations
Purchase price
$124,900
Gross annual rental income:
$15,000
Property running costs:
(Tax, insurance and management costs)
$4,000
Net annual rental income:
$11,000
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
9%

Break even in
11,1 Years.

Let GLOBAL help you with your real estate Investments. We are here to help you build your real estate portfolios, and can customise a purchase plan for your wealth building future! Global Investments provides our clients with excellent strategies for real estate investing, home ownership and wealth building. Understanding the market is the key to success. The market has changed so vastly in the past two years, it takes knowledge to navigate the current local markets and get the best deals.

For the real estate investor, this is the time to take advantage of the market, build portfolios, and create passive real estate income, all leading to future wealth. It can be difficult for new real estate investors to learn to navigate around all of the areas we sell in. Online public information directories, website listing companies etc, all can be very daunting, that is what we are here for.

We specialise in selling single family and multi tenanted homes in all States in the US. We have exclusive agreements with the biggest Asset Management Companies and Banks in the US bringing you the best investments at the best prices with no hidden gimmicks.

Just straight talking advice.

We pride ourselves on the level of service that we give before and after the sale, giving you a 24/7 hands on service which is unrivalled in the industry.

Our biggest business is repeat business and referral.

What we offer?

1.US and Uk offices.
2. Highest ROI in the marketplace
3. On the ground management.
4. Professionally managed by our US staff.
5. Safe and secure locations.
6. Renovation team on the ground.
7. Investment renovation packages
8. 24/7 after sales on hand every day.
9. Award winning Brokers
10. 5 star reviews.
11. Bulk purchases
12. LLC set up.
13. Home Warranty.
14. Landlord Insurance


If you're looking for great properties to purchase with excellent on-the-ground local property management then check out our current inventory, and contact us with any questions ?

Welcome to Global "We are always here to help."

Global Investments " The straight talking property company. "

Cleveland, Cuyahoga County, Ohio, USA

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Detroit(International)
    99.1 miles
Advice on buying American property

Advice on buying American property

Learn everything you need to know to successfully find and buy a property in USA.

About the agent

Global Investments USA, Manchester

Reedham House, 31 King Street West, Manchester M3 2PJ

Global Investments USA, Manchester

At Global, our dynamic team of investment specialists will give you the best and most professional advice, without forgetting the personal touch. We can deliver the best prices and yields in every market we operate in, we have our finger on the pulse.

With our US property investments our broad network of agents covers every State in the USA. We are currently one of the market leaders as our Agents have their ears to the ground delivering the best priced properties the second they hit th

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Notes

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This is a property advertisement provided and maintained by Global Investments USA, Manchester (reference jkiujhbvcdfrttt) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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