BuyBox
418 Birch Street
Cleveland, OH 44113 ยท Rental
4
Cash flow
$497/mo
Cash-on-cash
12.3%
Cap rate
9.7%
DSCR
1.73
Assumptions
- Purchase
- $145,000
- ARV
- $175,000
- Rehab
- $8,000
- Rent
- $1,850
- Vacancy
- 5%
- Taxes
- $2,100
- Insurance
- $980
- NOI
- $14,103
- Loan
- $108,750
- Payment
- $678
- Cash invested
- $48,650
- Buy box
- Meets
Projection
| Year | Cash flow | Equity | IRR if sold |
|---|---|---|---|
| 1 | $5,961 | $72,745 | 39.5% |
| 2 | $6,415 | $79,478 | 30.2% |
| 3 | $6,883 | $86,462 | 27.0% |
| 4 | $7,366 | $93,705 | 25.2% |
| 5 | $7,864 | $101,219 | 24.1% |
| 6 | $8,378 | $109,015 | 23.2% |
| 7 | $8,907 | $117,107 | 22.6% |
| 8 | $9,453 | $125,506 | 22.1% |
| 9 | $10,016 | $134,226 | 21.6% |
| 10 | $10,597 | $143,282 | 21.2% |