This property report summarizes details of a residential property located at 26370 Mallard Ave in Euclid, OH. It was purchased in 1999 for $89,900 and has an initial estimated market value of $101,400. Financial projections estimate a 10.3% annual internal rate of return over 10 years if the property is held and sold. The report includes purchase details, income and expense projections, valuation estimates, and cash flow analyses.

1. Property Report
26370 Mallard Ave, Euclid, OH 44132
26370 Mallard Ave
Euclid, OH 44132
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2. Overview
26370 Mallard Ave, Euclid, OH 44132
26370 Mallard Ave
Euclid, OH 44132
Purchase Info
Square Feet 0
Initial Market Value $101,400
Purchase Price $89,900
Initial Cash Invested $91,698
Income Analysis Monthly Annual
Net Operating Income $542 $6,500
Cash Flow $542 $6,500
Financial Metrics
Cap Rate (Purchase Price) 7.2%
Cash on Cash Return (Year 1) 7.1%
Internal Rate of Return (Year 10) 10.3%
Sale Price (Year 10) $136,273
Beautiful Sought after Eucld area. Excellent strong Class B neighborhood. Last sold: Jan 1999 for $85,900
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3. Purchase Analysis
26370 Mallard Ave, Euclid, OH 44132
26370 Mallard Ave
Euclid, OH 44132
Purchase Info
Initial Market Value $101,400
Purchase Price $89,900
+ Buying Costs $1,798
+ Initial Improvements $0
= Initial Cash Invested $91,698
Square Feet 0
Financial Metrics (Year 1)
Annual Gross Rent Multiplier 7.9
Operating Expense Ratio 40.0%
Cap Rate (Purchase Price) 7.2%
Cash on Cash Return 7.1%
Assumptions
Appreciation Rate 3.0%
Vacancy Rate 5.0%
Income Inflation Rate 3.0%
Expense Inflation Rate 3.0%
LTV for Refinance 70.0%
Selling Costs $7,098
Income Monthly Annual
Gross Rent $950 $11,400
Vacancy Loss -$48 -$570
Operating Income $902 $10,830
Expenses (% of Income) Monthly Annual
Cleaning & Maintenance (4%) -$32 -$390
Insurance (7%) -$67 -$800
Management Fees (10%) -$87 -$1,040
Taxes (19%) -$175 -$2,100
Operating Expenses (40%) -$361 -$4,330
Net Performance Monthly Annual
Net Operating Income $542 $6,500
- Year 1 Improvements -$0 -$0
= Cash Flow $542 $6,500
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4. Buy and Hold Projection
26370 Mallard Ave, Euclid, OH 44132
26370 Mallard Ave
Euclid, OH 44132
Income Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30
Gross Rent $11,400 $11,742 $12,094 $12,831 $14,874 $19,990 $26,865
Vacancy Loss -$570 -$587 -$605 -$642 -$744 -$999 -$1,343
Operating Income $10,830 $11,155 $11,490 $12,189 $14,131 $18,990 $25,522
Expenses Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30
Cleaning & Maintenance -$390 -$402 -$414 -$439 -$509 -$684 -$919
Insurance -$800 -$824 -$849 -$900 -$1,044 -$1,403 -$1,885
Management Fees -$1,040 -$1,071 -$1,103 -$1,170 -$1,357 -$1,823 -$2,450
Taxes -$2,100 -$2,163 -$2,228 -$2,364 -$2,740 -$3,682 -$4,949
Operating Expenses -$4,330 -$4,459 -$4,593 -$4,873 -$5,649 -$7,592 -$10,203
Income Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30
Net Operating Income $6,500 $6,695 $6,896 $7,316 $8,482 $11,399 $15,319
- Improvements -$0 -$0 -$0 -$0 -$0 -$0 -$0
= Cash Flow $6,500 $6,695 $6,896 $7,316 $8,482 $11,399 $15,319
Cap Rate (Purchase Price) 7.2% 7.4% 7.7% 8.1% 9.4% 12.7% 17.0%
Cap Rate (Market Value) 6.2% 6.2% 6.2% 6.2% 6.2% 6.2% 6.2%
Cash on Cash Return 7.1% 7.3% 7.5% 8.0% 9.2% 12.4% 16.7%
Return on Equity 6.2% 6.2% 6.2% 6.2% 6.2% 6.2% 6.2%
Loan Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30
Market Value $104,442 $107,575 $110,803 $117,550 $136,273 $183,140 $246,124
- Loan Balance -$0 -$0 -$0 -$0 -$0 -$0 -$0
= Equity $104,442 $107,575 $110,803 $117,550 $136,273 $183,140 $246,124
Potential Cash-Out Refi $73,109 $75,303 $77,562 $82,285 $95,391 $128,198 $172,287
Sale Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30
Equity $104,442 $107,575 $110,803 $117,550 $136,273 $183,140 $246,124
- Selling Costs -$7,311 -$7,530 -$7,756 -$8,229 -$9,539 -$12,820 -$17,229
= Proceeds After Sale $97,131 $100,045 $103,046 $109,322 $126,734 $170,320 $228,896
+ Cumulative Cash Flow $6,500 $13,196 $20,092 $34,512 $74,520 $174,669 $309,261
- Initial Cash Invested -$91,698 -$91,698 -$91,698 -$91,698 -$91,698 -$91,698 -$91,698
= Net Profit $11,934 $21,543 $31,441 $52,136 $109,556 $253,291 $446,459
Internal Rate of Return 13.0% 11.5% 11.0% 10.6% 10.3% 10.2% 10.1%
Return on Investment 13% 23% 34% 57% 119% 276% 487%
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5. Graphs
26370 Mallard Ave, Euclid, OH 44132
26370 Mallard Ave
Euclid, OH 44132
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Market Value
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Internal Rate of Return (IRR)
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6. Photos
26370 Mallard Ave, Euclid, OH 44132
26370 Mallard Ave
Euclid, OH 44132
www.RealEstateTools.com © 2010-2015 Real Estate Tools 6