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1177 Smithfarm Ave, Akron, OH 44305

2 beds • 1 baths • 992 sqft

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This property might be a fair Long-Term investment with a projected 2.83% first-year return on $24,129 initial cash invested.

2.83%

Cash On Cash

7.15%

Cap Rate

1.19

DSCR

$1,030

Rent

$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,129

Downpayment

20%

$22,980

Closing costs

1%

$1,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,030

Total Expenses

$973

Mortgage P&I

56%

$576

Property Taxes

9%

$88

Home Insurance

4%

$40

HOA

0%

$0

Property Management

10%

$103

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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