Rental Property Investment Analysis
Investment metrics for 2130 W 42nd St #2, Cleveland, OH 44113
zillow
Townhouse, Condominium
📍 2130 W 42nd St #2, Cleveland, OH 44113
$479,900
🛏 2 bed
🚿 3 bath
📐 1,470 sqft
18
/ 100
Deal Score
F
High Risk Investment
Grade F · 18/100
Monthly Cash Flow
$-363
After all expenses
Cap Rate
5.32%
Below 6% threshold
Monthly Rent
$3,119/mo
Estimated
Total Expenses
$3,482/mo
All-in monthly
Cash-on-Cash
-3.94%
Low return
Annual Cash Flow
$-4,351
Per year
Break-Even Analysis
Break-Even Rent
$3,482 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸High walkability and dense urban character attract young professionals seeking proximity to vibrant entertainment districts and job centers.
- ▸Access to revitalized waterfront areas and public green spaces enhances the appeal of rental units for lifestyle-oriented residents.
- ▸Central positioning within the city offers efficient commuter access to major employment hubs and essential regional transit arteries.
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (18/100) with a negative cash flow of $-363/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This Townhouse, Condominium at 2130 W 42nd St #2, Cleveland, OH 44113 is listed at $479,900 with 2 bed / 3 bath and 1,470 sq ft.
The estimated monthly rent is $3,119, generating a negative monthly cash flow of $-363 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 5.32% and the cash-on-cash return is -3.94%. This deal received a score of 18/100 (Grade F: High Risk Investment).
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