1182 Argonne Rd

South Euclid, OH 44121
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3 bd, 1.5 ba | 968 sqft | Built in 1938

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List Price
$89,700

Initial Investment

$24,413

Purchase Price

$85,000

Down Payment

25%

Rent

$1,200

Total Return

$44,314

Annualized Return

23.8%

Cap Rate

7.1%

Gross Yield

16.9%

Cash Flow

$604

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

08/15/2019

Lease End

07/31/2020

Lot Size

4,800

HOA

None

Flood Risk

Not Required

  • Listed below sales comparables ($102,000 - $124,500)
  • 4-star Cleveland suburb
  • Leased through 07/31/2020

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$4,355

Property Taxes

-$4,100

Loan Payments

-$4,621

Net Cash Flow

$604

See more in Financials

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