Property Analysis for 7612 Ottawa Rd, Cleveland, OH 44105

Long-Term Rental Analysis

7612 Ottawa Rd, Cleveland, OH 44105

$29,900 • 3 beds • 1 baths • 1560 sqft

This property could be a profitable Long-Term investment with a projected 125.56% first-year return on $6,279 initial cash invested.

Cash On Cash

125.56%

Cap Rate

34.88%

Rent

$1,210

Cashflow

$657

Rent Confidence: High

Annual

$14,520

Median

$1,200

Avg

$1,209

Samples

Financing

Purchase Price $29,900

Downpayment 20.0%

Interest Rate 6.5%

Mortgage Duration 30yr.

Cash To Invest

Total $6,279

Downpayment 20% $5,980

Closing costs 1% $299

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,210

Total Expenses $553

Mortgage P&I 13% $152

Property Taxes 6% $77

Home Insurance 1% $10

PManagement 10% $121

CapEx 5% $60

Vacancy 6% $73

Maintenance 5% $60

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	7921 New York Ave, Cleveland, OH 44105	$1400	3	1	1596	0.8 mi
2	6904 Berdelle Ave, Cleveland, OH 44105	$975	3	1	1463	0.6 mi
3	3717 E 55th St, Cleveland, OH 44105	$975	3	1	1500	1 mi
4	4151 E 93rd St, Cleveland, OH 44105	$1100	3	1	1368	0.8 mi
5	3716 E 52nd St, Cleveland, OH 44105	$1500	3	1.5	1548	1.2 mi
6	8208 Goodman Ave, Cleveland, OH 44105	$1300	3	1.5	1468	0.6 mi
7	3451 E 73rd St, Cleveland, OH 44127	$1200	3	1	1825	1.1 mi
8	8210 Dorver Ave, Cleveland, OH 44105	$1250	3	1	1248	0.6 mi
9	7301 Harvard Ave, Unit 5, Cleveland, OH 44105	$950	3	1		0.1 mi
10	7300 Clement Ave, Cleveland, OH 44105	$1250	3	1		0.2 mi
11	4492 Turney Rd, Cleveland, OH 44105	$1300	3	1	1956	1.1 mi
12	3556 E 82nd St, Cleveland, OH 44105	$1300	3	1	1208	0.9 mi
13	4069 E 66th St, # Down, Cleveland, OH 44105	$1200	3	1		0.5 mi
14	3745 E 71st St, Cleveland, OH 44105	$1500	3	1		0.5 mi
15	7914 Goodman Ave Unit B, Cleveland, OH 44105	$850	3	1		0.6 mi
16	8221 Grand Division Ave, Cleveland, OH 44125	$1350	3	1	2000	1.1 mi
17	8205 Force Ave, Cleveland, OH 44105	$1200	3	1	1170	0.6 mi
18	4127 E 59th St, Cleveland, OH 44105	$1025	3	1		0.7 mi
19	3601 E 57th St, Cleveland, OH 44105	$1150	3	1	1200	1.1 mi
20	3578 E 76th St, Cleveland, OH 44105	$1300	3	1		0.8 mi
21	8202 Laumer Ave, Cleveland, OH 44105	$1495	3	1	1160	0.7 mi
22	3454 E 73rd St, Cleveland, OH 44127	$1200	3	1	1190	1.1 mi
23	3976 E 54th St, Newburgh Heights, OH 44105	$1300	3	1		0.9 mi
24	3622 E 61st St, Cleveland, OH 44105	$1100	3	1		1 mi
25	8119 Goodman Ave, Cleveland, OH 44105	$1050	3	1	1130	0.6 mi

Projections