3135 W 46th St
Cleveland, OH 44102
List Price
$64,900
Initial Investment
$17,685Purchase Price
$64,900
Down Payment
25%
Rent
$980
Total Return
$46,193
Annualized Return
34.5%
Cap Rate
10.6%
Gross Yield
18.1%
Cash Flow
$2,713
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Cute bungalow with a fenced back yard conveniently located next door to the International Newcomers Academy, close to shops and eateries, and 5 minutes from Tremont, Detroit Shoreway, Gordon Square, and Ohio City. The spacious attic awaits your design touches to add two more bedrooms or a large bonus room. This home has been in the same owner-occupied family since 1992. Family-friendly street where your child can make new friends.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$11,172Expenses
-$3,231Property Taxes
-$1,700Loan Payments
-$3,528Net Cash Flow
$2,713See 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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SourceMLS Now
MLS #4490960
Last Updated: 09/19/2023 14:09
MLS #4490960
Last Updated: 09/19/2023 14:09