$54,000Asking price
Works for flippers
Works for landlords
Works for a flipper up to $82,000.
THE REAL ESTATE DOCTOR
JASON WALSH
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ARV $130,000
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Looking for an affordable Cleveland BRRRR with *serious upside and a low all-in basis?*
*4 Bedrooms | 1 Bathroom*
*2,135 Sq. Ft.*
*Purchase Price: $54,000*
*Estimated Rehab: ~$25,000*
*Projected Rent: ~$1,400/Month*
*Estimated ARV: ~$130,000*
### THE NUMBERS
*Purchase:* $54,000
*Rehab:* ~$25,000
*Estimated All-In:* ~$94,000
*Estimated ARV:* ~$130,000
*Potential Equity: ~$36,000*
At a projected *$1,400/month rent, that's *$16,800/year in gross rental income**.
And there may be additional rental upside — Zillow currently estimates market rent around *$1,593/month*.
### WHY I LIKE THIS DEAL
You're potentially *all-in around $94K on a $130K ARV*, giving you room to refinance and recycle your capital.
This is exactly the type of lower-basis Cleveland property that can work as either a *long-term rental or BRRRR play*.
Buy it → Rehab it → Rent it → Refinance it → Repeat.
*INVESTOR PRICE: $54,000*
Great opportunity for an investor looking to add another affordable Cleveland rental with *cash-flow and equity potential*.
*Cash or hard money preferred. Serious investors — reach out for additional details, rehab information, or access.*
Figures from the seller unless a line says otherwise. Verify before you close.
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