5807 Gilbert Ave

Parma, OH 44129
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4 bd, 1 ba | 1,379 sqft | Built in 1930

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List Price
$110,000

Initial Investment

$29,088

Purchase Price

$105,000

Down Payment

25%

Rent

$1,100

Total Return

$49,041

Annualized Return

22.2%

Cap Rate

6.3%

Gross Yield

12.6%

Cash Flow

$231

Appreciation

7.9%
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Features

Occupancy

Occupied

Lease Start

09/01/2015

Lease End

08/31/2018

Lot Size

4,800

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,538

Property Taxes

-$3,062

Loan Payments

-$5,708

Net Cash Flow

$231

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