Rental Property Investment Analysis
Investment metrics for 10218 Joan Ave, Cleveland, OH 44111
zillow
Single Family Residence
📍 10218 Joan Ave, Cleveland, OH 44111
$199,000
🛏 3 bed
🚿 2 bath
📐 1,964 sqft
17
/ 100
Deal Score
F
High Risk Investment
Grade F · 17/100
Monthly Cash Flow
$-188
After all expenses
Cap Rate
5.09%
Below 6% threshold
Monthly Rent
$1,290/mo
Estimated
Total Expenses
$1,478/mo
All-in monthly
Cash-on-Cash
-4.93%
Low return
Annual Cash Flow
$-2,258
Per year
Break-Even Analysis
Break-Even Rent
$1,478 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸The area offers consistent residential stability with traditional single-family housing stock that appeals to long-term renter demographics.
- ▸Convenient access to major regional thoroughfares provides streamlined commuting options for workers heading toward the downtown employment hub.
- ▸Local retail and dining corridors located along primary neighborhood arteries offer essential services that enhance daily convenience for tenants.
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (17/100) with a negative cash flow of $-188/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This Single Family Residence at 10218 Joan Ave, Cleveland, OH 44111 is listed at $199,000 with 3 bed / 2 bath and 1,964 sq ft.
The estimated monthly rent is $1,290, generating a negative monthly cash flow of $-188 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 5.09% and the cash-on-cash return is -4.93%. This deal received a score of 17/100 (Grade F: High Risk Investment).
More analyzed properties in Cleveland
Run a BRRRR Analysis
BRRRR Deal Calculator
Pre-filled using this property's analysis. Adjust rehab and financing assumptions to estimate BRRRR returns.
Property Data
Rehab & Refinance Inputs
$
$
$
%
$
$
%
%
Share This Deal
Analyze Another Property
Paste any Zillow, Redfin, or Realtor listing to instantly see:
• Deal Score • Cash Flow • Cap Rate • Investment Risk