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11526 Lake Ave, Cleveland, OH 44102

3 beds • 3 baths • 2956 sqft

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This property looks like a bad Airbnb investment with a projected -22.27% first-year return on $123k initial cash invested.

-22.27%

Cash On Cash

0.71%

Cap Rate

0.12

DSCR

$2,292

Rent

-$2,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,292

Total Expenses

$4,575

Mortgage P&I

109%

$2,488

Property Taxes

35%

$811

Home Insurance

8%

$175

HOA

0%

$0

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$573

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ADR

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3

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4

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2

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5

4

0.6 mi

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$1,100

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2

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$2,850

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