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3885 W 20th St, Cleveland, OH 44109

4 beds • 2 baths • 1644 sqft • 2 units

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This property could be a profitable Mid-Term investment with a projected 26.5% first-year return on $48,129 initial cash invested.

26.5%

Cash On Cash

18.37%

Cap Rate

3.02

DSCR

$2,820

Rent

$1,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,820 income − $1,757 expenses = $1,063 cash flow

Income$2,820Mortgage P&I$58321%Property Taxes$1756%Insurance$401%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$1,063

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,129

Downpayment

20%

$22,980

Closing costs

1%

$1,149

Rehab

0%

$0

Furnishing

21%

$24,000

Cashflow

Total Income

$2,820

Total Expenses

$1,757

Mortgage P&I

21%

$583

Property Taxes

6%

$175

Home Insurance

1%

$40

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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