3115 Mapledale Ave

Cleveland, OH 44109
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3 bd, 2 ba | 1,273 sqft | Built in 1902

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List Price
$219,900

Initial Investment

$59,923

Purchase Price

$219,900

Down Payment

25%

Rent

$1,220

Total Return

$93,327

Annualized Return

18.5%

Cap Rate

2.9%

Gross Yield

6.7%

Cash Flow

-$6,223

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,572

HOA

None

Flood Risk

Not Required

This beautiful 3 bedroom Colonial located near I-71 has been totally updated and remodeled * The main floor features a living room, dining room and kitchen.
Everything in this home is new in 2023 - electric, plumbing, furnace, hot water tank, central air conditioning and new stainless steel appliances, new granite countertops, cabinets and flooring throughout.

See more in Analysis
Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$2,476

Property Taxes

-$5,700

Loan Payments

-$11,955

Net Cash Flow

-$6,223

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Billy Seder
Agent License 2022001328
Howard Hanna
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4490829
Last Updated: 09/18/2023 20:09
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