Zip Code 44103Cleveland, OH

🟢STRONGexcellent cash flow market

Cap Rate

13.0%

Monthly Cash Flow

+$431

Median Home Price

$78,337

DSCR

2.03

🏠 Fair Market Rents

Studio
$650/mo
1 Bedroom
$740/mo
2 Bedroom
$900/mo
3 Bedroom
$1,170/mo
4 Bedroom
$1,240/mo

📊 Investment Metrics

Cap Rate
13.0%
Cash-on-Cash Return
28.7%
Price-to-Rent Ratio
5.6
1% Rule
1.49%
Gross Rent Multiplier
5.6
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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