10923 Granger Rd

Garfield Heights, OH 44125
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4 bd, 1.5 ba | 1,592 sqft | Built in 1924

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Portfolio Sale

List Price
$96,000

Initial Investment

$26,160

Purchase Price

$96,000

Down Payment

25%

Rent

$1,275

Total Return

$51,636

Annualized Return

25.2%

Cap Rate

6.9%

Gross Yield

15.9%

Cash Flow

$700

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

02/01/2019

Lease End

01/31/2022

Lot Size

4,948

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$14,535

Expenses

-$4,616

Property Taxes

-$4,000

Loan Payments

-$5,219

Net Cash Flow

$700

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