1842 Example Avenue, Parma, OH 44129 · $285,000 · Last sold 6/18/2021 for $172,000

Mixed deal - the numbers work, but with little room for error

65Deal score/100

$261/mo

Estimated money left over each month after the mortgage and bills

3.9%

Your yearly return on the cash you put in

6.8%

A quick way to compare the property's income to its price

1.19x

How much room the property has to pay the loan

Working for you

After paying the mortgage and estimated expenses, this property should generate positive monthly cash flow.

The property generates solid income relative to its price, which is a healthy sign for a rental.

Check before you act

Evidence

Why this score

Income compared with price - 18 of 30 points

Monthly cash flow and cash return - 19 of 30 points

Risk flags kept this deal from a higher score - 17 of 20 points

Financing cushion - 11 of 20 points

Risks

Things to investigate before making an offer on this deal.

This deal may be hard to finance

The property may not produce enough income to meet typical lender expectations.

Lenders usually want property income to comfortably cover debt and expenses.
A low down payment or weak income can make getting a loan harder.

Older systems may need larger reserves

Based on the property age, major items like roof, HVAC, plumbing, or electrical work may require more near-term budgeting.

Property age can increase the chance of larger repair or replacement costs.
Review CapEx, maintenance, and rehab assumptions before relying on the current cash flow.

Income breakdown

Item	Annual	Monthly
Gross rent income	$33,600	$2,800
Vacancy	-$2,688	-$224
Effective gross income	$30,912	$2,576
Operating expenses	-$11,564	-$964
Net operating income (NOI)	$19,348	$1,612
Mortgage	-$16,213	-$1,351
Net cashflow	$3,135	$261

Stress test

Stress Test

See what happens if rent comes in lower and costs go up.

Running default stress test

Refreshing monthly income, expenses, and cash flow.

Stress levels

Rent comes in lower−10%

Costs go higher+10%

How the numbers change

Today

Stressed

Change

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Cash flow buffer

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