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4311 Bailey Ave, Cleveland, OH 44113

3 beds • 2 baths • 1720 sqft

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This property looks like a bad Airbnb investment with a projected -0.04% first-year return on $102k initial cash invested.

-0.04%

Cash On Cash

6.48%

Cap Rate

1.08

DSCR

$4,284

Rent

-$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,284

Total Expenses

$4,287

Mortgage P&I

46%

$1,991

Property Taxes

2%

$100

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$643

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,071

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