Cleveland, Cuyahoga County, Ohio, USA

Own this fully-renovated single family home on Cleveland's Westside, generating $1,450 in monthly rent, a 7.2% cap rate, and 25.9% p.a. 10-year projected ROI

Financing Available for Non-U.S. Residents
No credit check
No proof of income
No social security number
Up to 75% Loan-to-Value
30-Year fixed interest
Close in 21 days or less

Property Details
Single Family Home
4-Bedroom
1-Bathroom
1,617 sq.ft
Fully Renovated
$1,450/month rents
Finance Pre-Approved for Non-U.S. Residents

$44,970 Initial Investment (Downpayment and Closing Costs)

Neighbourhood Statistics
Cleveland's Westside neighbourhoods make for an excellent rental investment opportunity, with a low (and falling vacancy rate) and rising prices.

We own property here, and our 328-point data-driven market analysis shows population growth (3-mile radius) and per-capita income and jobs growth.

Property prices in this neighbourhood have been rising steadily for 5 years, and CoreLogic data forecasts future growth in excess of 30% over the coming 3 years.

Population Growth*: +6.38%
Jobs Growth: +1.58% p.a.
Per Capita Income: +14.1% p.a.
Capital Appreciation: +8.88% p.a.
Unemployment Trend: 0% p.a.
Vacancy Rate Trend: -2.5% p.a.
Homeownership Trend: -2.1% p.a.
Rent Price Trend: +4.5% p.a.

*Population Growth over 5 years within a 3-miles radius of subject property. Data provided by CoreLogic. For access to the full neighborhood report, please make an enquiry.

Renovation
The home has been recently renovated to an exceptional standard, including;

Floor joist repair
Repoint foundation
Completely new kitchen
Completely new bathroom
Repair doors & windows
Replace porch roof
Repair garage framing
Point/parge garage floor slabs
Replace garage roof
Interior remodel throughout
Plumbing updated
Electrical updates
Landscaping

Access to the Scope of Work is available on request.

Investment Returns
Initial Cap Rate: 7.2%
Gross Rents: $1,450
10-yr ROI: 25.9% p.a.

For access to the comprehensive 30-year buy and hold financial analysis, please enquire.

Due Diligence
Our team have completed phase 1 due diligence, including;

Purchase analysis
Financing pre-approval
30-yr buy and hold analysis
Seller disclosure review
Scope of work review
Initial home inspection
Title report
CMA valuation
328-datapoint neighbourhood analysis

Further pre-closing due diligence to include;

Lenders Appraisal (valuation)
Title Insurance
Final Home Inspection

For access to supporting documents, or to discuss this investment opportunity or financing for overseas investors, please enquire.

Never Overpay, or Buy a Problem Property Again!

We are real estate investors! Over the past 9 years we have closed on over 100+ investment properties of our own in the United States.

Today, we put our personal experience and team to work helping other overseas investors navigate the market, source high quality investment properties, get financed, and invest safely and remotely in the United States.

Our simple 5-step process allows you to invest safely and remotely;

1. A 1-2-1 personal strategy session directly with our senior management team to answer your questions and set your goals and objectives, and create an acquisition and financing strategy that is unique to you.

2. You choose from pre-approved properties that fit your budget and investment objectives, and have already passed phase 1 due diligence.

3. We submit your deal for funding, and complete the final phase of due diligence, including final home inspection and independent appraisal.

4. You get to close remotely within 21 days! Our team supports you through the closing process, ensuring your investment is expedient and hassle free.

5. Our asset management team ensure your investment stays profitable and tax-efficient long into the future, including high quality property management, bookkeeping, and tax filing.

For more information about the purchase process for overseas buyers, or to request our current inventory of pre-approved investment properties, please use the Email Agent button below, and we will be happy to help you!