3053 E 128th St

Cleveland, OH 44120
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4 bd, 2 ba | 1,408 sqft | Built in 1920

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List Price
$64,000

Initial Investment

$62,725

Purchase Price

$60,000

Down Payment

100%

Rent

$950

Total Return

$53,666

Annualized Return

14.8%

Cap Rate

9.3%

Gross Yield

19%

Cash Flow

$4,955

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

12/28/2018

Lease End

12/31/2019

Property Type

Duplex

Lot Size

3,480

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,975

Property Taxes

-$1,900

Loan Payments

$0

Net Cash Flow

$4,955

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