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$2,554 (target)

2163 E 46th St, Cleveland, OH 44103

3 beds • 2 baths • sqft

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This property could be a profitable Mid-Term investment with a projected 14.01% first-year return on $49,332 initial cash invested.

14.01%

Cash On Cash

11.82%

Cap Rate

1.86

DSCR

$2,554

Rent

$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $1,978 expenses = $576 cash flow

Income$2,554Mortgage P&I$79131%Property Taxes$26710%Insurance$522%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$576

Investment Breakdown

|

Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,332

Downpayment

20%

$29,840

Closing costs

1%

$1,492

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$1,978

Mortgage P&I

31%

$791

Property Taxes

10%

$267

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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