This property might be a fair Long-Term investment with a projected 5.84% first-year return on $28,350 initial cash invested.
5.84%
Cash On Cash
8.72%
Cap Rate
1.29
DSCR
$1,590
Rent
$138
Cashflow
$19,080
Annual
$1,500
Median
$1,561
Avg
25
Samples
Cash Flow
$1,590 income − $1,452 expenses = $138 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,590
Total Expenses
$1,452
Mortgage P&I
48%
$763
Property Taxes
14%
$228
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
5006 Memphis Ave, Cleveland, OH 44144 | $1,490 | 4 | 2 | 1500 | 0.5 mi |
3611 Buechner Ave, Cleveland, OH 44109 | $1,775 | 4 | 2 | 1260 | 0.6 mi |
3006 Montclair Ave, Cleveland, OH 44109 | $1,400 | 4 | 2 | 1250 | 0.5 mi |
4334 W 49th St, Cleveland, OH 44144 | $1,675 | 4 | 1 | 1408 | 0.4 mi |
2302 Saratoga Ave, Cleveland, OH 44109 | $1,450 | 4 | 2 | 1128 | 0.8 mi |
4345 W 48th St, # Upstairs, Cleveland, OH 44144 | $1,550 | 4 | 2 | 1044 | 0.3 mi |
4229 W 23rd St, Cleveland, OH 44109 | $1,600 | 4 | 1 | 1260 | 0.8 mi |
3514 Leopold Ave, Cleveland, OH 44109 | $1,380 | 4 | 1 | 1176 | 0.3 mi |
3405 Tate Ave, Cleveland, OH 44109 | $1,400 | 4 | 1 | 1170 | 0.4 mi |
3201 Saratoga Ave, Cleveland, OH 44109 | $1,500 | 4 | 1 | 1158 | 0.5 mi |
Projection Charts
Investment Value YoY
Annualized Return
CoC vs Downpayment
CoC vs Purchase Price