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Long-Term Rental Analysis
3213 E 119th St, Cleveland, OH 44120
$38,000 • 3 beds • 1 baths • 0 sqft
This property could be a profitable Long-Term investment with a projected 77.89% first-year return on $7,980 initial cash invested.
Cash On Cash
77.89%
Cap Rate
24.47%
Rent
$1,100
Signal: Med.
Cashflow
$518
Financing
Purchase Price $38,000
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $7,980
Downpayment $7,600
Closing costs $380
Rehab $0
Furnishing $0
Cashflow
Total Income $1,100
Total Expenses $582
Mortgage P&I $202
Property Taxes $81
Home Insurance $13
PManagement $110
CapEx $55
Vacancy $66
Maintenance $55
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 12102 Imperial Ave | $1250 | 3 | 1 | 912 | 0.2 mi |
| 2 | 12013 Imperial Ave | $1090 | 3 | 1 | 960 | 0.2 mi |
| 3 | 3251 E 123rd St, Apt 2 | $1200 | 3 | 1 | 0.2 mi | |
| 4 | 11621 Havel Ave | $1500 | 3 | 1 | 1680 | 0.3 mi |
| 5 | 12702 Imperial Ave, Unit 2 | $990 | 3 | 1 | 912 | 0.5 mi |
| 6 | 12702 Imperial Ave, # 2 | $990 | 3 | 1 | 912 | 0.5 mi |
| 7 | 3318 E 128th St | $1720 | 3 | 1 | 858 | 0.5 mi |
| 8 | 3385 E 117th St | $1200 | 3 | 1 | 1400 | 0.6 mi |
| 9 | 3046 E 126th St | $1100 | 3 | 1 | 1077 | 0.6 mi |
| 10 | 3446 E 119th St | $1000 | 3 | 1 | 1073 | 0.7 mi |
| 11 | 12017 Forest Ave | $1000 | 3 | 1 | 1745 | 0.8 mi |
| 12 | 12614 Forest Ave | $900 | 3 | 1 | 0.8 mi | |
| 13 | 11325 Continental Ave | $1100 | 3 | 1 | 1388 | 0.8 mi |
| 14 | 12409 Union Ave | $1500 | 3 | 1 | 1120 | 0.8 mi |
| 15 | 3471 E 114th St, Unit Up | $1100 | 3 | 1 | 0.9 mi | |
| 16 | 12705 Forest Ave, Unit 2B | $1350 | 3 | 1 | 0.9 mi | |
| 17 | 2916 E 118th St | $1720 | 3 | 1 | 0.9 mi | |
| 18 | 2916 E 117th St | $1000 | 3 | 1 | 1300 | 1 mi |
| 19 | 3568 E 118th St | $650 | 3 | 1 | 1.1 mi | |
| 20 | 12014 Benham Ave | $975 | 3 | 1 | 1008 | 1.1 mi |
| 21 | 3302 E 105th St | $1300 | 3 | 1 | 1500 | 1.1 mi |
| 22 | 12613 Benham Ave | $950 | 3 | 1 | 696 | 1.1 mi |
| 23 | 2916 E 112th St, # 1 | $1050 | 3 | 1 | 1.2 mi | |
| 24 | 3592 E 120th St | $1200 | 3 | 1 | 1.1 mi | |
| 25 | 2810 E 120th St | $850 | 3 | 1 | 824 | 1.2 mi |