REI Lense

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$1,521 (target)

17721 Dillewood Rd, Cleveland, OH 44119

3 beds • 2 baths • 2093 sqft

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This property might be a fair Long-Term investment with a projected 6.96% first-year return on $27,762 initial cash invested.

6.96%

Cash On Cash

8.54%

Cap Rate

1.34

DSCR

$1,521

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,521 income − $1,360 expenses = $161 cash flow

Income$1,521Mortgage P&I$70446%Property Taxes$20513%Insurance$564%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$161

Investment Breakdown

|

Purchase Price

$132k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,762

Downpayment

20%

$26,440

Closing costs

1%

$1,322

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,521

Total Expenses

$1,360

Mortgage P&I

46%

$704

Property Taxes

13%

$205

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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