7110 Lawn Ave, Cleveland, OH


$ 210,000 - Buy & Hold

6.0 bd | 2.0 ba | 2,629 sqft | 1884 yr | $ 1,900 Rent

IRR
0.00 %
Yield-on-Cost
7.18 %
Cash on Cash
10.25 %
Net Monthly Cashflow
$411

Description

33 E&M 0092 ALL MB006 PG09 MB26348 PG0019


Buy & Hold Analysis

  • ARV: $126,187
  • Yield-on-Cost: 7.18 %
  • Net Monthly Cashflow: $411
  • Monthly Rent: $1,900

Financial Analysis

  • Loan Amnt: $ 135,000.00
  • All-in Cost: $ 183,150.00
  • Debt Coverage Ratio: 1.60 %
  • Total Out of Pocket: $ 48,150.00
  • Monthly Mortgage: $ 684.03

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $2,166
  • Vacancy: $1,140
  • Capex: $0

Financing Assumptions

  • Down Payment: $45,000
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $1,350

Other Assumptions

  • Closing Cost: $ 1,800
  • Rental Holding Period: 4.00


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