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247 Maple Ave, Cleveland, OH 44105

3 bed · 1.5 bath · 1,240 sqft · Single Family · Built 1948

Overall Score: 7.4 / 10 BRRRR Strategy 17.2% Projected ROI
Asking Price
$89,000
ARV: $142,000
Max Offer (70% Rule)
$64,400
Est. Repair Cost
$34,500
Monthly Rent (ARV)
$1,150
Cash-on-Cash Return
17.2%
ARV Analysis
AVM Estimate
$138,500
Comp Median
$144,000
Final ARV
$142,000

ARV derived from 12 verified comparable sales within 0.8 miles, adjusted for condition, square footage, and age. AVM cross-validated against comp median — deviation within 4%, high confidence.

Comparable Sales (Top 5)
Address Sqft Sale Price $/Sqft Dist.
193 Maple Ave 1,190 $136,000 $114 0.1 mi
581 Denison Ave 1,310 $148,500 $113 0.4 mi
2204 W 38th St 1,200 $141,000 $118 0.6 mi
3317 Fulton Rd 1,280 $152,000 $119 0.7 mi
418 Broadview Rd 1,150 $129,500 $113 0.8 mi
+ 7 additional comps verified · Avg $/sqft: $115 · Range: $129K–$152K
BRRRR Deal Analysis

Buy · Rehab · Rent · Refinance · Repeat

Purchase Price
$89,000
Rehab Budget
$34,500
All-In Cost
$123,500
After-Repair Value
$142,000
Refi @ 75% LTV
$106,500
Cash Left In Deal
$17,000
Monthly Rent
$1,150
Mortgage (PITI)
$680
Monthly Cash Flow
$244
Property Condition
C-
Fair — Needs Moderate Rehab
Cosmetic + mechanical updates required
RoofReplace (~10 yrs old)
HVACService / Replace
KitchenFull Update Needed
BathroomsCosmetic Update
FlooringReplace Throughout
Foundation / StructureStable
Repair Cost Estimate
Roof replacement$9,500
HVAC replacement$5,800
Kitchen remodel$8,200
Bathroom updates (2)$4,400
Flooring (1,240 sqft)$3,720
Paint (interior)$1,800
Electrical / plumbing misc.$1,080
Total Estimate$34,500
Market & Neighborhood
Median Home Price (zip)$138,000
Avg Days on Market22 days
Rental Vacancy Rate5.2%
YoY Price Appreciation+4.1%
Walk Score68 — Somewhat Walkable
School Rating6/10
Risk Assessment
MED Rehab scope — mechanical systems near end of life; budget for contingency
LOW Rental demand — low vacancy rate and strong comp rents in submarket
LOW Equity position — 13% equity cushion above all-in cost at ARV
MED Interest rate sensitivity — cash flow tightens above 7.5% refi rate

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