15717 Rockside Rd

Maple Heights, OH 44137
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3 bd, 1.5 ba | 1,131 sqft | Built in 1951

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For Sale

Exclusive

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List Price
$108,500

Initial Investment

$29,566
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$108,500

Down Payment

25%

Rent

$1,184

Total Return

$44,819

Annualized Return

21.8%

Cap Rate

7.5%

Gross Yield

13.1%

Cash Flow

$1,541

Appreciation

6.0%
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Features

Occupancy

Month To Month

Lease Start

05/06/2016

Lease End

M/M

Lot Size

4,600

HOA

None

Flood Risk

Not Required

  • 3 bedroom / 1.5 bath home with a detached two car garage
  • Attractive Cap Rate and Cash Flow
  • Long term tenant that is month-to-month
  • Updated turn key rental with refinished hardwood flooring throughout

See more in Analysis

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Annual Financial Highlights

Expected Rent

$13,499

Expenses

-$3,759

Property Taxes

-$2,300

Loan Payments

-$5,899

Net Cash Flow

$1,541

See more in Financials

Property Characteristics

Roofstock Exclusive

Listed directly by the seller, Exclusive properties are only available through Roofstock.
  • These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
  • If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
  • The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.

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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