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$2,043 (target)

4514 Broadale Rd, Cleveland, OH 44109

3 beds • 3 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $52,839 initial cash invested.

3.57%

Cash On Cash

8.19%

Cap Rate

1.27

DSCR

$2,043

Rent

$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,043 income − $1,886 expenses = $157 cash flow

Income$2,043Mortgage P&I$89344%Property Taxes$23211%Insurance$663%Management$24512%CapEx$824%Vacancy$613%Maintenance$824%Other$22511%Cash Flow$157

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,839

Downpayment

20%

$33,180

Closing costs

1%

$1,659

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,043

Total Expenses

$1,886

Mortgage P&I

44%

$893

Property Taxes

11%

$232

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$245

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

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