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3682 Rocky River Dr, Cleveland, OH 44111

4 beds • 3 baths • 2537 sqft

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This property looks like a bad Long-Term investment with a projected -9.21% first-year return on $66,990 initial cash invested.

-9.21%

Cash On Cash

4.18%

Cap Rate

0.73

DSCR

$2,130

Rent

-$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,130

Total Expenses

$2,644

Mortgage P&I

71%

$1,518

Property Taxes

22%

$461

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

20185 Bonnie Bank Blvd, Rocky River, OH 44116

$3,000

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2

2100

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4

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1.2 mi

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4

2

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3

2.5

2657

0.5 mi

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4

2

2380

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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