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16805 Larchwood Ave, Cleveland, OH 44135

3 beds • 2 baths • 1440 sqft

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This property might be a fair Airbnb investment with a projected 4.21% first-year return on $68,463 initial cash invested.

4.21%

Cash On Cash

8.37%

Cap Rate

1.29

DSCR

$3,445

Rent

$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,445 income − $3,205 expenses = $240 cash flow

Income$3,445Mortgage P&I$1,29938%Property Taxes$1675%Insurance$852%Management$51715%CapEx$1384%Maintenance$1384%Other$86125%Cash Flow$240

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,463

Downpayment

20%

$48,060

Closing costs

1%

$2,403

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,445

Total Expenses

$3,205

Mortgage P&I

38%

$1,299

Property Taxes

5%

$167

Home Insurance

2%

$85

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

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