First rental property in Cleveland suburb (Wickliffe)

[Sameer M.]

Friends,

I am about to close on my first OOS investment property in Cleveland OH. This is a 3B 2.5B 2 story house in Wickliffe (a suburb 12 miles east of Cleveland). Has good schools and a safe neighborhood.

Little nervous so wanted a ballpark estimate / advice from local experts as to what are typical rental comps. in this area and how much vacancy rate shall I assume.

My personal estimates are 1000 pm and 1 month vacancy. Is this reasonable or too optimistic / conservative?

Thanks in advance.