1396 E 264th St-Euclid-44132, Cuyahoga

1396 E 264th St

Euclid, OH 44132

3 bd, 2 ba | 1,120 sqft | Built in 1977

Curb View

List Price

$92,000

Initial Investment

$24,593

Purchase Price

$90,250

Down Payment

25%

Rent

$1,049

Total Return

$38,357

Annualized Return

21.1%

Cap Rate

6.4%

Gross Yield

13.9%

Cash Flow

$291

Appreciation

7.1%

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Features

Occupancy

Occupied

Lease Start

09/05/2019

Lease End

08/31/2020

Lot Size

7,200

HOA

None

Flood Risk

Not Required

Roofstock Turnkey property, leased through 8/31/2020

Seller is offering 3 months of rent to be escrowed

Free 1 year home warranty through American Home Shield paid by Seller

Go to join.roofstock.com/turnkey to learn more about the Roofstock Turnkey program

Finished basement with additional sq ft

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Annual Financial Highlights

Expected Rent

$11,959

Expenses

-$3,461

Property Taxes

-$3,300

Loan Payments

-$4,906

Net Cash Flow

$291

See more in Financials

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