Rental Property Investment Analysis
Investment metrics for 1148 Prospect Ave E APT A, Cleveland, OH 44115
zillow
Condo
📍 1148 Prospect Ave E APT A, Cleveland, OH 44115
$450,000
🛏 2 bed
🚿 2 bath
📐 1,450 sqft
12
/ 100
Deal Score
F
High Risk Investment
Grade F · 12/100
Monthly Cash Flow
$-854
After all expenses
Cap Rate
3.95%
Below 6% threshold
Monthly Rent
$2,925/mo
Estimated
Total Expenses
$3,779/mo
All-in monthly
Cash-on-Cash
-9.90%
Low return
Annual Cash Flow
$-10,242
Per year
Break-Even Analysis
Break-Even Rent
$3,779 / mo
Minimum monthly rent needed to cover all estimated expenses
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (12/100) with a negative cash flow of $-854/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This Condo at 1148 Prospect Ave E APT A, Cleveland, OH 44115 is listed at $450,000 with 2 bed / 2 bath and 1,450 sq ft.
The estimated monthly rent is $2,925, generating a negative monthly cash flow of $-854 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 3.95% and the cash-on-cash return is -9.90%. This deal received a score of 12/100 (Grade F: High Risk Investment).
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