1914 Seneca Rd

Euclid, OH 44117
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3 bd, 1 ba | 1,490 sqft | Built in 1928

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List Price
$95,000

Initial Investment

$24,525

Purchase Price

$90,000

Down Payment

25%

Rent

$1,175

Total Return

$30,436

Annualized Return

18.5%

Cap Rate

7.2%

Gross Yield

15.7%

Cash Flow

$909

Appreciation

5.1%
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Features

Occupancy

Occupied

Lease Start

11/01/2016

Lease End

05/30/2020

Lot Size

6,499

HOA

None

Flood Risk

Not Required

  • Seller completed all immediate repairs per inspection report
  • Rent changes to $1175.00 from Nov 2019; long term tenant
  • Finished attic with 4th bedroom

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Annual Financial Highlights

Expected Rent

$13,395

Expenses

-$4,193

Property Taxes

-$3,400

Loan Payments

-$4,893

Net Cash Flow

$909

See more in Financials

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