Rental Property Investment Analysis
Investment metrics for 12501 Locke Ave, Cleveland, OH 44108
zillow
Duplex, Multi Family
📍 12501 Locke Ave, Cleveland, OH 44108
$45,000
🛏 4 bed
🚿 2 bath
📐 2,006 sqft
37
/ 100
Deal Score
F
High Risk Investment
Grade F · 37/100
Monthly Cash Flow
$-7
After all expenses
Cap Rate
6.04%
Strong yield
Monthly Rent
$315/mo
Estimated
Total Expenses
$322/mo
All-in monthly
Cash-on-Cash
-0.80%
Low return
Annual Cash Flow
$-83
Per year
Break-Even Analysis
Break-Even Rent
$322 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸Proximity to major regional medical centers attracts a steady stream of healthcare professionals seeking convenient rental housing options nearby.
- ▸The area provides access to significant urban green spaces and park systems that enhance residential appeal for long-term tenants.
- ▸Well-connected transit corridors facilitate efficient commuting to major employment hubs throughout the broader metropolitan Cleveland business landscape.
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (37/100) with a negative cash flow of $-7/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This Duplex, Multi Family at 12501 Locke Ave, Cleveland, OH 44108 is listed at $45,000 with 4 bed / 2 bath and 2,006 sq ft.
The estimated monthly rent is $315, generating a negative monthly cash flow of $-7 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 6.04% and the cash-on-cash return is -0.80%. This deal received a score of 37/100 (Grade F: High Risk Investment).
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