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5750 Garfield

Propety Images

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Details:
AddressProperty typePurchase PriceRehab costARVDate of PurchaseProjected timeline for
refinance or sale
5750 Garfield, Maple Heights OH, 44137Residential Rehab and Sale, SFR$32,000$4,000$55,00012/18/20144 months
 
Date of SaleSales PriceCoCAnnualized ROI% Difference of Projected
vs Actual ARV
% Difference of Projected
vs Actual Rehab
% Difference of Projected
vs Actual Timeline
12/15/2015$55,00010%20%0%+20%+20%
 
Timeline:

12/15/2015

Sold

12/01/2015

Same as Libby. Property still vacant.

11/17/2015

Delayed until week of December 14th because of banking issues.

10/20/2015

Closing in a few weeks.

10/06/2015

All 3 properties are now under contract for sale, subject to financing, and set to close within next 5 weeks.

09/22/2015

Unit is rented, we are pending a section 8 inspection for this Friday. We should have the tenant in the unit by October 1st as long as everything goes smooth with CMHA process. Violations on POS have been completed and we are waiting for City for a re-inspection date so the escrow funds can be released from the title company.

12/18/2014

Date of Purchase