Cleveland, Cuyahoga County, Ohio, USA

This huge three apartment multi-family home is located in Mount Pleasant right next to the local high school, it is also just seven minutes from the
famous Shaker Square. Shaker Square is one of the biggest attractions in Cleveland and is full of restaurants, bars, boutiques and even has a cinema.
The property is divided into three large apartments, you have a large three bedroom apartment downstairs which is currently tenanted at $1,025 per
month. You also have another large three bedroom apartment which also has a Section 8 tenant in place paying $695 in rent each month. The tenant
currently has an application already in progress to increase the rent paid by the City to $1,000 each month. Should the application be successful as
described on the property investment details page of this brochure ( Scenario 2 ) The rent would increase to $1,000 each month giving the new owner a
massive 41% yearly rate of return. Should the application be denied, worst case ( Scenario 1 ) the new owner will maintain a reliable long term tenant and
still a fantastic yearly rate of return of 32% based on a 70% Mortgage.
The attic apartment is a one bedroom apartment and has just been updated and made rent ready. The management company will place a brand new
tenant when the new owner closes on the property. The apartment should achieve $800 - $900 in rent each month. The tenant could also be Section 8.
Mount Pleasant is seen as a very strong investment area in Cleveland, just 2 miles away you Shaker Square which is one of the biggest attractions in
Cleveland. The house is also just 1 street from the famous Shaker Heights, one of the most desirable areas in Cleveland. The house is just 1.6 miles from
Shaker Heights High School.

Investment Calculations
Purchase price
$147,900
Gross annual rental income:
$30,240
Property running costs:
(Tax, insurance and management costs)
$15,192
Net annual rental income:
$15,048
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
32%

Break even in
3.1 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 ?

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