Zip Code 44105 โ€” Cleveland, OH

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

13.6%

Monthly Cash Flow

+$463

Median Home Price

$77,282

DSCR

2.13

Fair Market Rents

Studio
$680/mo
1 Bedroom
$770/mo
2 Bedroom
$930/mo
3 Bedroom
$1,200/mo
4 Bedroom
$1,280/mo

Investment Metrics

Cap Rate
13.6%
Cash-on-Cash Return
31.3%
Price-to-Rent Ratio
5.4
1% Rule
1.55%
Gross Rent Multiplier
5.4
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†’