[Calc Review] West Cleveland Duplex

[Albert L.]

Goals: 

-stable cash flow, not as concerned about appreciation (check, assuming description is correct in saying they've had stable tenants. rental price should increase in the next couple years so i have some assurance there)

-looking for min $100/unit (check)

-C+ neighborhood (check, borders some B/A neighborhoods in upper Ohio City so hoping some absorption goes that way)

Other things: 

-20% CoC return (almost check - Changing purchase price to $53,000 and have tenants also pay water/sewage would bump this deal right up to my criteria of 20% CoC.)

-This deal seems worth investigating more into.. though there's no actual pictures and only a description. It's also been listed for just over 30 days which is also suspect. 

-Close to public transportation, schools and water..

What am I missing here?

View report

*This link comes directly from our calculators, based on information input by the member who posted.