3908 Burger Ave

Cleveland, OH 44109
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4 bd, 2 ba | 1,365 sqft | Built in 1928

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List Price
$69,900

Initial Investment

$19,588

Purchase Price

$69,000

Down Payment

25%

Rent

$875

Total Return

$37,302

Annualized Return

23.5%

Cap Rate

5.9%

Gross Yield

15.2%

Cash Flow

-$294

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

09/01/2018

Lease End

08/31/2023

Lot Size

5,520

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,975

Expenses

-$3,318

Property Taxes

-$3,200

Loan Payments

-$3,751

Net Cash Flow

-$294

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