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$1,954 (target)

1273 Pondview Ave, Akron, OH 44305

3 beds • 2 baths • 1394 sqft

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This property might be a fair Mid-Term investment with a projected 6.37% first-year return on $48,975 initial cash invested.

6.37%

Cash On Cash

9.31%

Cap Rate

1.42

DSCR

$1,954

Rent

$260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,954 income − $1,694 expenses = $260 cash flow

Income$1,954Mortgage P&I$80641%Property Taxes$1729%Insurance$523%Management$23412%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%Cash Flow$260

Investment Breakdown

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Purchase Price

$148k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,975

Downpayment

20%

$29,500

Closing costs

1%

$1,475

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,954

Total Expenses

$1,694

Mortgage P&I

41%

$806

Property Taxes

9%

$172

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

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