7100 Lawn Ave, Cleveland, OH


$ 250,000 - Short Term Rental

6.0 bd | 2.0 ba | 3,369 sqft | 1910 yr | $ 200 Avg Rate

Cash on Cash
16.70 %
IRR
19.53 %
Net Monthly Cashflow
$800

Description

33E&M 0089 ALL


Buy & Hold Analysis

  • Cash on Cash: 16.70 %
  • Net Monthly Cashflow: $800
  • Daily Rent: $200

Financial Analysis

  • Loan Amnt: $ 161,250.00
  • All-in Cost: $ 218,762.50
  • Debt Coverage Ratio: 1.98 %
  • Total Out of Pocket: $ 57,512.50
  • Monthly Mortgage: $ 817.03

Expense Assumptions

  • Prop Insurance: $800
  • Co Hosting Fee: $2,336
  • Maintenance: $1,460
  • Occupany: 40.00 %

Financing Assumptions

  • Down Payment: $53,750
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $1,613

Other Assumptions

  • Closing Cost: $2,150


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