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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 3.23% first-year return on $68,463 initial cash invested.

3.23%

Cash On Cash

8.07%

Cap Rate

1.24

DSCR

$3,338

Rent

$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,338 income − $3,154 expenses = $184 cash flow

Income$3,338Mortgage P&I$1,29939%Property Taxes$1675%Insurance$853%Management$50115%CapEx$1344%Maintenance$1344%Other$83425%Cash Flow$184

Investment Breakdown

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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

$3,338

Total Expenses

$3,154

Mortgage P&I

39%

$1,299

Property Taxes

5%

$167

Home Insurance

3%

$85

HOA

0%

$0

Property Management

15%

$501

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$834

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