Zip Code 44110 โ€” Cleveland, OH

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

12.2%

Monthly Cash Flow

+$423

Median Home Price

$86,900

DSCR

1.91

Fair Market Rents

Studio
$700/mo
1 Bedroom
$780/mo
2 Bedroom
$950/mo
3 Bedroom
$1,230/mo
4 Bedroom
$1,310/mo

Investment Metrics

Cap Rate
12.2%
Cash-on-Cash Return
25.4%
Price-to-Rent Ratio
5.9
1% Rule
1.42%
Gross Rent Multiplier
5.9
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†’