This property might be a fair Long-Term investment with a projected 8.07% first-year return on $37,779 initial cash invested.
8.07%
Cash On Cash
9.44%
Cap Rate
1.34
DSCR
$2,093
Rent
$254
Cashflow
$25,116
Annual
$1,050
Median
$1,070
Avg
$1,046
Per Unit
25
Samples
Cash Flow
$2,093 income − $1,839 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
8.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,093
Total Expenses
$1,839
Mortgage P&I
50%
$1,056
Property Taxes
9%
$186
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
10806 Fidelity Ave, Cleveland, OH 44111 | $950 | 2 | 1 | 1083 | 0.7 mi |
3191 W 92nd St, Unit 2, Cleveland, OH 44102 | $1,050 | 2 | 1 | 1008 | 0.4 mi |
3278 W 84th St, Cleveland, OH 44102 | $1,050 | 2 | 1 | 911 | 0.3 mi |
3233 W 94th St, Unit 2, Cleveland, OH 44102 | $1,000 | 2 | 1 | 903 | 0.3 mi |
3492 W 100th St, Cleveland Heights, OH 44111 | $1,150 | 2 | 1 | 0.4 mi | |
3147 W 82nd St, Cleveland, OH 44102 | $1,200 | 2 | 1 | 0.6 mi | |
7410 Wentworth Ave, Cleveland, OH 44102 | $1,050 | 2 | 1 | 0.6 mi | |
10601 Almira Ave, Unit 2, Cleveland, OH 44111 | $1,150 | 2 | 1 | 0.6 mi | |
2232 W 103rd St, Unit 2, Cleveland, OH 44102 | $950 | 2 | 1 | 0.8 mi | |
2232 W 103rd St, Unit 6, Cleveland, OH 44102 | $950 | 2 | 1 | 0.8 mi |
Projection Charts
Investment Value YoY
Annualized Return
CoC vs Downpayment
CoC vs Purchase Price