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Long-Term Rental Analysis
1222 Herman Ave, Akron, OH 44307
$78,0003 beds • 1 baths • 1284 sqft

This property could be a profitable Long-Term investment with a projected 20.22% first-year return on $16,380 initial cash invested.

Cash On Cash
20.22%
Cap Rate
11.49%
Rent
$1,116
Cashflow
$276
Rent Confidence:  High
Annual
$13,392
Median
$1,095
Avg
$1,117
Samples
25
Financing

Purchase Price  $78,000
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $16,380
Downpayment  $15,600
Closing costs  $780
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,116
Total Expenses  $840
Mortgage P&I  $415
Property Taxes  $107
Home Insurance  $27
PManagement  $112
CapEx  $56
Vacancy  $67
Maintenance  $56
Other  $0
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