[Calc Review] Help me analyze this deal
Hello, is there anyone familar with the Cleveland area or want to give me some feedback on this OOS rental property? Thanks in advance!
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I agree, the rents are a little optimistic. Also, it was purchased for 110K in 2020. Most properties in the area are not selling for 160K. It could easily be worth less right now, and if not, could easily revert to that 2020 evaluation in the near future.