Closed Deal · #12
SFR in Cleveland, OH — DSCR
$135,000 · 30-Yr DSCR
Deal terms
- Property type
- SFR
- Location
- Cleveland, OH
- Loan type
- DSCR
- Program
- 30-Yr DSCR
- Leverage
- N/A
- Rate
- N/A
- Deal value
- $135,000
How we structured it
Cleveland SFR — one of the top cash-flow markets in the US. Low acquisition costs relative to rental income create outsized DSCR ratios.
Median home prices under $150K with rents of $1,100–$1,400. DSCR ratios of 1.3–1.6x. Projected cash-on-cash return: 12–18%.
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