1880 E 30th St

Lorain, OH 44055
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4 bd, 1 ba | 1,397 sqft | Built in 1900

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List Price
$65,000

Initial Investment

$16,268

Purchase Price

$59,700

Down Payment

25%

Rent

$800

Total Return

$26,420

Annualized Return

23.2%

Cap Rate

8.2%

Gross Yield

16.1%

Cash Flow

$1,088

Appreciation

6.1%
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Features

Occupancy

Occupied

Lease Start

12/07/2017

Lease End

11/30/2018

Lot Size

6,970

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$3,186

Property Taxes

-$1,600

Loan Payments

-$3,246

Net Cash Flow

$1,088

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