3569 Ludgate Rd

Shaker Heights, OH 44120
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4 bd, 1 ba | 1,368 sqft | Built in 1922

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List Price
$80,000

Initial Investment

$22,353

Purchase Price

$73,000

Down Payment

25%

Rent

$1,075

Total Return

$39,979

Annualized Return

23.4%

Cap Rate

7.1%

Gross Yield

17.7%

Cash Flow

$470

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

10/01/2017

Lease End

11/30/2018

Lot Size

5,200

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$12,255

Expenses

-$4,217

Property Taxes

-$3,600

Loan Payments

-$3,969

Net Cash Flow

$470

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