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1005 Trevitt Cir N
C- Composite 50.17
Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +18.7/30.0
  • 1% rule +7.8/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.9/10.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0
  • Schools +1.7/10.0
  • Appreciation +0.0/10.0

$115,000

1005 Trevitt Cir N · Euclid, OH 44143
2 bd · 1.5 ba · 1,050 sqft · Condo · 4 Days on market
Built 1971 Fair condition $255/mo HOA · 17% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Well maintained Greenbrair townhouse featuring 2 bedrooms, 1.5 bathrooms, full finished basement adds extra living space. 1 car detached garage parking. Violation free, generous sized bedrooms, enclosed patio. Violation free. Take a look today.

Key facts

  • Near the metroparks
  • Convenient half bath
  • Welcoming entry

Tags

GREENBRIAR COMMONS TOWNHOMENEAR THE METROPARKSQUIET PRIVATE COMMUNITYWELCOMING ENTRYSPACIOUS CLOSETCONVENIENT HALF BATH

Property features AI

Finance

  • Financial info: Pets allowed
  • HOA & community: Monthly association fee of $255; Association covers grounds maintenance, structure maintenance, and trash

Exterior

  • Parking: Detached garage; 1 garage space
  • Utilities: Public water; Public sewer
  • Home design: 2-story home; Entry level: 1
  • Construction: Frame construction; Asphalt shingle roof; Built (year per public records)

Interior

  • Kitchen: Dishwasher; Range; Refrigerator
  • Bathrooms: 1 full bathroom; 1 half bathroom; 1 main-level bathroom
  • Heating & cooling: Forced air heating (gas); Central air conditioning
  • Interior features: Partially finished basement; 6 total rooms
  • Laundry & utility: Washer; Dryer; In-unit laundry on lower level

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath condo listed at $115k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $113 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $115k).

Location & tenants

  • Location reads 77/100 on livability (#204 in OH, #3,149 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools C-, commute F, employment D-.
  • Euclid City (suburban): math 14% / reading 28% proficiency, ranked #625 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 98 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Cuyahoga County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $65k; list at $115k implies a 77% gain — meaningful room to come down on a strong offer.
Recommended offer $115,000

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.28%
Cap rate
7.47%
Cash-on-cash
4.21%
DSCR
1.19
GRM
6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-9.5%
Equity multiple
0.65×
Total profit
$-11,264
Equity at exit
$17,147
10-year hold
IRR
0.1%
Equity multiple
1.01×
Total profit
$179
Equity at exit
$9,943

Cash invested: $32,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
73 Landlord-Friendly
State Ohio
73 Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

ZIP-level market 44143

Active inventory
98
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,472 high interval (Pro) →
Mortgage (P&I)
$603
Tax est. 1.5%
$144 /mo · $1,725/yr
Insurance
$48
HOA
$255
Vacancy / Maint / Mgmt
$309
Net cashflow
$113

Break-even live

Break-even rent $1,329
Max offer price $115,000
Occupancy floor 87%

Sensitivity live

Price -10% $192 -5% $153 +0% $113 +5% $73 +10% $33
Rent -10% $-3 -5% $55 +0% $113 +5% $171 +10% $229
Rate -1.0pp $171 -0.5pp $142 base $113 +0.5pp $83 +1.0pp $53

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$28,750
Closing costs
$3,450
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
25 Trenton Sq Unit T54 Cleveland, OH 3.0 2.0 1324 $1,500 $1.13 17d 1 0.18mi
20051 Green Oak Dr Euclid, OH 3.0 1.5 1092 $1,550 $1.42 16d 1 0.58mi
22050 Chardon Rd Euclid, OH 3.0 1.5 1209 $1,500 $1.24 45d 1 0.79mi
19750 Euclid Ave Euclid, OH 1.0–3.0 1.0–1.5 840 $1,172 $1.40 17d 3 0.79mi
21253 Chardon Rd Unit 203 Euclid, OH 1.0 1.0 800 $995 $1.24 25d 1 0.92mi
1541 E 191st St Euclid, OH 2.0 1.0–1.5 624 $925 $1.48 45d 1 1.07mi
22140 Euclid Ave Euclid, OH 1.0 1.0 675 $929 $1.38 45d 3 1.07mi
22250 Euclid Ave Euclid, OH 1.0 1.0 695 $995 $1.43 25d 2 1.11mi
22550 Euclid Ave Unit 207 Euclid, OH 2.0 1.0 888 $1,279 $1.44 45d 1 1.19mi
18231 Euclid Ave Cleveland, OH 1.0–2.0 1.0 767 $1,818 $2.37 3d 1 1.21mi
376 Royal Oak Blvd Cleveland, OH 3.0 1.5 1420 $1,740 $1.23 21d 1 1.31mi

HOA detail condo

Monthly dues
$255 · $3,060/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 12 events

  1. 2026-06-01
    statusdays on market $115,000 Pending 4 DOM
  2. 2026-05-31
    days on market $115,000 Active 3 DOM
  3. 2026-05-28
    listed $115,000 Active
  4. 2018-05-13
    status Pending 244-char remark
    Show marketing remark (244 chars)

    Well maintained Greenbrair townhouse featuring 2 bedrooms, 1.5 bathrooms, full finished basement adds extra living space. 1 car detached garage parking. Violation free, generous sized bedrooms, enclosed patio. Violation free. Take a look today.

  5. 2018-05-11
    soldstatus $64,900 Sold 244-char remark
    Show marketing remark (244 chars)

    Well maintained Greenbrair townhouse featuring 2 bedrooms, 1.5 bathrooms, full finished basement adds extra living space. 1 car detached garage parking. Violation free, generous sized bedrooms, enclosed patio. Violation free. Take a look today.

  6. 2018-04-04
    historical Contingent 244-char remark
    Show marketing remark (244 chars)

    Well maintained Greenbrair townhouse featuring 2 bedrooms, 1.5 bathrooms, full finished basement adds extra living space. 1 car detached garage parking. Violation free, generous sized bedrooms, enclosed patio. Violation free. Take a look today.

  7. 2018-03-31
    listed $66,500 Active 244-char remark
    Show marketing remark (244 chars)

    Well maintained Greenbrair townhouse featuring 2 bedrooms, 1.5 bathrooms, full finished basement adds extra living space. 1 car detached garage parking. Violation free, generous sized bedrooms, enclosed patio. Violation free. Take a look today.

  8. 2008-11-27
    historical
  9. 2008-05-26
    listed $99,900
  10. 2003-06-02
    soldstatus $81,500
  11. 2003-05-01
    historical
  12. 2003-02-01
    listed $89,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,661
− Mortgage interest
−$6,442
− Property taxes
−$1,725
− Insurance
−$575
− Repairs & maintenance
−$1,413
− Management
−$1,413
− HOA
−$3,060
− Depreciation
−$3,345
Taxable loss
−$312
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$75
After-tax cash flow
$1,430/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Fair 45/100 Moderate rehab

This townhome requires moderate renovations, focusing on painting and landscaping to enhance its curb appeal and interior aesthetics.

Repairs flagged

  • Major Paint — Paint appears worn and needs touch-up
  • Minor Shutters — Shutters are present but not a major issue

Value-add opportunities

  • Both Paint — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping — Well-maintained landscaping improves curb appeal and property value

Renovation cost estimate screening

Repair itemSeverityEst. cost
Paint · Paint appears worn and needs touch-up Major $15,000–50,000
Shutters · Shutters are present but not a major issue Minor $500–3,000
Total estimated repair cost · 2 items $15,500–53,000

Value-add ROI direction

  • Both Paint — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping — Well-maintained landscaping improves curb appeal and property value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Euclid City
NCES district ID
3904395
Math proficiency
14% ▼ -19.00%
Reading proficiency
28% ▼ -14.00%
Median HH income
$36,385
Composite
17.39/100
National rank
#9067
State rank
#625 of 656 in OH

Livability — Euclid

Score
77/100
State rank
#204
US rank
#3149

Category grades

Amenities B- Commute F Cost of living A+ Crime B+ Employment D- Housing A+ Health & safety B User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Euclid, OH
County
Cuyahoga County · 1,090,369 people
City population
41,855
Metro
Cleveland-Elyria, OH
Population (ZIP)
24,597
Household income
$81,268
Rent vs Own
23.8% rent · 76.2% own
Severe rent burden
656.0

Population outlook (Cuyahoga County) Hauer SSP2

Today (2025)
1,244,621 people
By 2030
1,230,093 · -1.2%
By 2040
1,189,108 · -4.5%
By 2050
1,145,706 · -7.9%
By 2075
1,076,557 · -13.5%
By 2100
978,987 · -21.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 56% Black 34% Two or more races 5% Asian 3% Hispanic / Latino 3%
Common ancestry
Romanian 4% Scotch-Irish 2% Subsaharan African 2%
Foreign-born
9% · Canada
Languages at home
86% English-only · Russian/Polish/Slavic 3% Other Indo-European 3% Spanish 3%

Political lean MEDSL · Cuyahoga

2024 margin
Solid D (+31.5) · D 65.4% · R 33.9%
2008→2024 swing
-7.4pp toward R · 2008: 38.9pp · 2024: 31.5pp
All cycles
2024: D+31.5 2020: D+34.1 2016: D+35.0 2012: D+38.7 2008: D+38.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -123.55%
Current HPI
167.6083
Rent YoY
Metro
Cleveland-Elyria, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+27.9% since first listed
10 events — show timeline
  • 2026-05-28 Listed $115,000 MLSNOW
  • 2018-05-13 Pending MLSNOW
  • 2018-05-11 Sold (MLS) $64,900 MLSNOW
  • 2018-04-04 Contingent MLSNOW
  • 2018-03-31 Listed $66,500 MLSNOW
  • 2008-11-27 Listing Removed MLSNOW
  • 2008-05-26 Listed $99,900 MLSNOW
  • 2003-06-02 Sold (MLS) $81,500 MLSNOW
  • 2003-05-01 Listing Removed MLSNOW
  • 2003-02-01 Listed $89,900 MLSNOW

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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