9405 Bohning Dr Cleveland, OH 44125
2bd, 1ba | 1,242sqft | Built in 1945
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Initial Investment
$67,024
List Price: $64,900
Purchase Price
$64,900
Down Payment
100%
Rent
$800

Market rent may range from $760 to $840


Total Return
$17,561
Annualized Return
5.2%
Cap Rate
6.1%
Gross Yield
14.8%
Cash Flow
$3,392
Appreciation
1.0%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
4,920 
HOA
None
Flood Risk
Not Required
  • Close proximity to downtown Cleveland and major roadways
  • Property qualifies for Rent Guarantee Program (see below for additional details)
  • $3,700 of repair and replacement performed on property (Please refer to Analysis Tab and Inspection Report 1)

Annual Financial Highlight
Expected Rent
$9,120
Expenses
-$2,828
Property Taxes
-$2,900
Loan Payments
$0

Net Cash Flow
$3,392
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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