Zip Code 44103 โ€” Cleveland, OH

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

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, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’