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Updated over 4 years ago on . Most recent reply
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[Calc Review] Help me analyze this deal (Cleveland)
*This link comes directly from our calculators, based on information input by the member who posted.
Okay I figured out how to add the calculator directly to the post. Just hoping my repairs, cap ex and vacancy are reasonable for that area of Cleveland. Thanks!
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- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
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@P Baxter Hudson $800/mo for each side of a duplex in that price range is not uncommon at all in that area of Cleveland for a place that is rent ready. 44105 is actually not a bad zip code either. I have a couple of units over there in fact.
Ryan....make sure that the property is already rented out with a current paying tenant and make sure you get proof they are paying. If any of the units are vacant then I will give you a word of caution in that from Novenber through March a lot of people do not like to move in Cleveland. I learned that a few years ago out there the hard way.