3322 E Overlook Rd
Cleveland, OH 44118
List Price
$163,000
Initial Investment
$42,642Purchase Price
$154,000
Down Payment
25%
Rent
$1,900
Total Return
$80,871
Annualized Return
25.1%
Cap Rate
7.2%
Gross Yield
14.8%
Cash Flow
$1,899
Appreciation
8.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
09/12/2017
Lease End
09/30/2017
Property Type
Duplex
Lot Size
6,000
HOA
None
Flood Risk
Not Required
- Both units occupied; upper unit with new 12 month lease and security deposit of $1500, lower unit is month-to-month with long term tenant since 2012
- Downstairs unit occupied by Section 8 tenant
- Seller will provide credit for tree trimming and chimney repair noted in capex report and 3 months of rent to be escrowed
See more in Analysis
Annual Financial Highlights
Expected Rent
$21,660Expenses
-$6,689Property Taxes
-$4,700Loan Payments
-$8,372Net Cash Flow
$1,899See more in Financials
Similar Listings