Rental Property Investment Analysis

Investment metrics for 1030 E 149th St, Cleveland, OH 44110

zillow MultiFamily
📍 1030 E 149th St, Cleveland, OH 44110
$40,000
🛏 4 bed 🚿 2 bath 📐 1,798 sqft
32 / 100
Deal Score
F High Risk Investment
Grade F · 32/100
Monthly Cash Flow
$-21
After all expenses
Cap Rate
5.61%
Below 6% threshold
Monthly Rent
$320/mo
Estimated
Total Expenses
$341/mo
All-in monthly
Cash-on-Cash
-2.70%
Low return
Annual Cash Flow
$-249
Per year

Break-Even Analysis

Break-Even Rent
$341 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • Direct access to regional highway networks facilitates efficient commuting for tenants working in the greater Cleveland employment hubs.
  • Proximity to Lake Erie waterfront access and neighborhood green spaces enhances the local lifestyle appeal for prospective residential renters.
  • The area features a dense stock of traditional residential housing that supports stable occupancy rates and long-term investment viability.

Key Takeaway

Investor Summary
Under current assumptions, this property is a high-risk rental investment (32/100) with a negative cash flow of $-21/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.

Analysis Summary

This MultiFamily at 1030 E 149th St, Cleveland, OH 44110 is listed at $40,000 with 4 bed / 2 bath and 1,798 sq ft.

The estimated monthly rent is $320, generating a negative monthly cash flow of $-21 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 5.61% and the cash-on-cash return is -2.70%. This deal received a score of 32/100 (Grade F: High Risk Investment).

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