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$2,190 (target)

11301 Linnet Ave, Cleveland, OH 44111

3 beds • 2 baths • 1265 sqft

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This property could be a profitable Mid-Term investment with a projected 11.11% first-year return on $46,539 initial cash invested.

11.11%

Cash On Cash

11.13%

Cap Rate

1.7

DSCR

$2,190

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,190 income − $1,759 expenses = $431 cash flow

Income$2,190Mortgage P&I$74134%Property Taxes$22310%Insurance$492%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$431

Investment Breakdown

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Purchase Price

$136k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,539

Downpayment

20%

$27,180

Closing costs

1%

$1,359

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,190

Total Expenses

$1,759

Mortgage P&I

34%

$741

Property Taxes

10%

$223

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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