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$3,891 (target)

5823 Ridgebury Blvd, Cleveland, OH 44124

3 beds • 2 baths • 1932 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $91,290 initial cash invested.

0.39%

Cash On Cash

6.72%

Cap Rate

1.11

DSCR

$3,891

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,891 income − $3,861 expenses = $30 cash flow

Income$3,891Mortgage P&I$1,76745%Property Taxes$64817%Insurance$1223%Management$46712%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42811%Cash Flow$30

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,891

Total Expenses

$3,861

Mortgage P&I

45%

$1,767

Property Taxes

17%

$648

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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