Brooklyn, Cuyahoga County, Ohio, USA
Offers in Region of
£97,919
USD $130,000
- PROPERTY TYPE
Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
1,014 sq ft
94 sq m
Key features
- Fully Renovated
- Turnkey Rental
- $765/month Positive Cashflow
- Well-Located
- Well-Priced
Description
Own this fully renovated 3-bedrrom investment property in Brooklyn Centre Cleveland, generating $1,200 in monthly rents, with a 7.1% cap rate and $765 per month in positive cashflow
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
Portfolio loans available
Close in 21 days or less
Property Details
Single Family Home
3-Bedroom
1.5-Bathroom
1,014 sq.ft
Fully Renovated
$1,200/month rent
Finance Pre-Approved for Non-U.S. Residents
Neighbourhood Statistics
This property is centrally located in Brooklyn Centre neighborhood, with proximity to retail shops and restaurants, schools, Cleveland Metro Hospital, Cleveland Metroparks Zoo and other recreation areas such as Brooklyn Memorial Park and Brookside Reservation.
In addition, there is easy access to freeways and other surrounding west side neighborhoods such as Brooklyn, Stockyards, Clark / Fulton, Brookside, Tremont, Ohio City and Downtown areas.
Both house prices and rents are rising in this neighborhood, making it ideal for rental property investors seeking positive cashflow and steady long-term equity growth.
Population Growth*: +7.01%
Jobs Growth: +1.58% p.a.
Per Capita Income: +6.3% p.a.
Capital Appreciation: +9.14% p.a.
Unemployment Trend: 0% p.a.
Vacancy Rate Trend: +0.6% p.a.
Homeownership Trend: -1.2% p.a.
Rent Price Trend: +2.9% 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;
Point/parge block foundation
Replaced water heater
Various plumbing repairs/updates
Replaced furnace
Add heat to 3rd bedroom
Various electrical updates
New kitchen
New bathroom
Interior remodel throughout
Sub floor repairs
Replaced roof
Paint exterior siding
Masonry repairs (chimney)
Access to the Scope of Work is available on request.
Investment Returns
Initial Cap Rate: 7.1%
Gross Rents: $1,200/month
Monthly Cashflow: $765/month
10-yr ROI: 13.8% p.a. (unleveraged)
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!
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
Portfolio loans available
Close in 21 days or less
Property Details
Single Family Home
3-Bedroom
1.5-Bathroom
1,014 sq.ft
Fully Renovated
$1,200/month rent
Finance Pre-Approved for Non-U.S. Residents
Neighbourhood Statistics
This property is centrally located in Brooklyn Centre neighborhood, with proximity to retail shops and restaurants, schools, Cleveland Metro Hospital, Cleveland Metroparks Zoo and other recreation areas such as Brooklyn Memorial Park and Brookside Reservation.
In addition, there is easy access to freeways and other surrounding west side neighborhoods such as Brooklyn, Stockyards, Clark / Fulton, Brookside, Tremont, Ohio City and Downtown areas.
Both house prices and rents are rising in this neighborhood, making it ideal for rental property investors seeking positive cashflow and steady long-term equity growth.
Population Growth*: +7.01%
Jobs Growth: +1.58% p.a.
Per Capita Income: +6.3% p.a.
Capital Appreciation: +9.14% p.a.
Unemployment Trend: 0% p.a.
Vacancy Rate Trend: +0.6% p.a.
Homeownership Trend: -1.2% p.a.
Rent Price Trend: +2.9% 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;
Point/parge block foundation
Replaced water heater
Various plumbing repairs/updates
Replaced furnace
Add heat to 3rd bedroom
Various electrical updates
New kitchen
New bathroom
Interior remodel throughout
Sub floor repairs
Replaced roof
Paint exterior siding
Masonry repairs (chimney)
Access to the Scope of Work is available on request.
Investment Returns
Initial Cap Rate: 7.1%
Gross Rents: $1,200/month
Monthly Cashflow: $765/month
10-yr ROI: 13.8% p.a. (unleveraged)
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!
Brochures
Investor GuideBrooklyn, Cuyahoga County, Ohio, USA
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Notes
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This is a property advertisement provided and maintained by Cashflow Rentals, Wyoming (reference OHWEST3794) 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.