6506 Gilbert Ave

Parma, OH 44129
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3 bd, 1 ba | 1,092 sqft | Built in 1950

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List Price
$95,000

Initial Investment

$26,083

Purchase Price

$89,000

Down Payment

25%

Rent

$995

Total Return

$43,149

Annualized Return

22.4%

Cap Rate

6.9%

Gross Yield

13.4%

Cash Flow

$763

Appreciation

7.9%
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Features

Occupancy

Occupied

Lease Start

06/01/2018

Lease End

05/31/2019

Lot Size

4,800

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,343

Expenses

-$3,242

Property Taxes

-$2,500

Loan Payments

-$4,839

Net Cash Flow

$763

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