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Ohio Rental Property ROI Calculator

Ohio markets like Cleveland, Columbus, and Cincinnati offer some of the highest cap rates in the country due to lower entry prices relative to rents. Cleveland in particular has attracted significant out-of-state investor interest for cash-flowing properties. Higher vacancy rates than Sun Belt markets are worth factoring into your analysis.

Property Details
$
%
$43,750.00
$

Estimated — edit if you have exact figures

Financing
$131,250.00
%
$873.21
Income
$
$
%

Typical: 5–8% (STR: 15%+)

Operating Expenses (monthly)
$
$
%

% of rent, or enter $ below

$
%

% of rent — typical reserve

$
$
Results
Gross monthly income$1,302.00
Total monthly operating expenses$507.00
NOI (monthly)$795.00
NOI (annual)$9,540.00
Monthly cash flow-$78.21
Annual cash flow-$938.51
Total cash needed$49,000.00
Cap Rate
5.5%
Cash-on-Cash Return
-1.9%
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This is an estimate for screening purposes only. Actual returns depend on market conditions, financing terms, and property-specific factors.

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