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9617 Mount Auburn Ave, Cleveland, OH 44104

6 beds • 2 baths • 2358 sqft • 2 units

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This property might be a fair Airbnb investment with a projected 1.14% first-year return on $75,900 initial cash invested.

1.14%

Cash On Cash

7.67%

Cap Rate

1.18

DSCR

$2,800

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,800 income − $2,728 expenses = $72 cash flow

Income$2,800Mortgage P&I$1,03137%Property Taxes$28710%Insurance$662%Management$42015%CapEx$1124%Maintenance$1124%Other$70025%Cash Flow$72

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

19%

$36,000

Cashflow

Total Income

$2,800

Total Expenses

$2,728

Mortgage P&I

37%

$1,031

Property Taxes

10%

$287

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$700

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