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6523 Lederer Ave, Cleveland, OH 44127

3 beds • 2 baths • sqft

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This property could be a profitable Long-Term investment with a projected 105.26% first-year return on $7,980 initial cash invested.

105.26%

Cash On Cash

30.41%

Cap Rate

4.94

DSCR

$1,360

Rent

$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$38,000

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$7,980

Downpayment

20%

$7,600

Closing costs

1%

$380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,360

Total Expenses

$660

Mortgage P&I

14%

$195

Property Taxes

7%

$98

Home Insurance

1%

$13

PManagement

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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