Cleveland Investment Property

Welcome!  |  Join for Free!   
Real Estate Investment Property

Your Premier Source for Turnkey Cash Flow Investment Property

Cleveland, Ohio

Fully Rehabbed Properties Starting at $45,000
  • Median home price unchanged YOY. (11/10)
  • Expected to improve in 2011. (CB Richard Ellis)
  • All sectors undergoing major revitalization.
  • Cost of living 15.5% below U.S. average.
  • Properties 15% - 30% below market value.
  • 3-Year appreciation forecast of 15.5%.
 Cleveland Investment Property
 Recommend this on Google

Download the FREE Investment Report

First Name:
Primary Email:

(Report opens in a new window.)

 

CURRENT INVENTORY Rent Guarantee

East 93rd, Cleveland
3 Photos
Home for sale: East 93rd, Cleveland, OH
   		 Market Value: $58,000 Rental Income: $690
Price: $56,900 Property Tax: $42
Bedrooms: 3 Insurance/HOA: $63
Baths: 1 Property Mgmt: $100
Size: 1,280  Cash Flow (NOI): $485
Built: Cap Rate: 10.2%
Parking: Street Rent/Value Ratio: 1.2%
Leased: Yes DealGrader™: 9.1
Pepper Avenue, Cleveland
2 Photos
Home for sale: Pepper Avenue, Cleveland, OH
   		 Market Value: $50,000 Rental Income: $690
Price: $49,500 Property Tax: $81
Bedrooms: 4 Insurance/HOA: $63
Baths: 1.5 Property Mgmt: $100
Size: 1,400  Cash Flow (NOI): $446
Built: Cap Rate: 10.8%
Parking: Street Rent/Value Ratio: 1.4%
Leased: Yes DealGrader™: 9.1

Basic Purchase Information
Est. Property Value $
Purchase Price $
Down Payment (%) $
Equity at Purchase $

Mortgage Calculations
Interest Rate (%)
Down Payment (%)
Loan Term (Fixed)
Loan Amount: $, Loan Term: yrs, Interest Rate: %
Monthly Payment $
Annual Payment $

Cash at Closing
Loan Amount $
Down Payment (%) $
Closing Costs (%) $
Total Cash Required $
 
* Blue boxes can be changed.

Financial Performance Summary
Cap Rate (Year 1)
Cash on Cash Return
Total Equity at Year 5 $

Calculation Assumptions
Rental Income (Monthly) $
Property Taxes $
Insurance $
Homeowners Assoc. $
Management Fee (%)
Maintenance Reserve (%)
Appreciation Rate (%)
Vacancy Allowance (%)
Rental Income Increase (%)
Property Tax Increase (%)
Closing Costs (%)
Closing Costs (Sale) (%)

Cash Flow and Equity Accumulation
CASH-FLOW YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Gross Scheduled Income
Vacancy Allowance
Total Operating Income
Property Taxes
Insurance
Homeowners Association
Maintenance Reserve
Property Management
minus Total Operating Expenses
Net Operating Income
minus Mortgage Expense
GROSS CASH FLOW
 
EQUITY ACCUMULATION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Property Value
(Mortgage Balance)
EQUITY (WEALTH)
 
TAX BENEFIT YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Depreciation
Mortgage Interest
 
FINANCIAL PERFORMANCE YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Capitalization (Cap) Rate
Cash on Cash Return (COC)
Return on Investment (ROI)
Internal Rate of Return (IRR)