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5804 Bangor Ave, Cleveland, OH 44144

3 beds • 1 baths • 1253 sqft

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This property might be a fair Airbnb investment with a projected 4.78% first-year return on $55,779 initial cash invested.

4.78%

Cash On Cash

8.56%

Cap Rate

1.35

DSCR

$2,857

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,857 income − $2,635 expenses = $222 cash flow

Income$2,857Mortgage P&I$94733%Property Taxes$2549%Insurance$632%Management$42915%CapEx$1144%Maintenance$1144%Other$71425%Cash Flow$222

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,857

Total Expenses

$2,635

Mortgage P&I

33%

$947

Property Taxes

9%

$254

Home Insurance

2%

$63

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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