REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,408 (target)

1988 S Cleveland Massillon Rd, Akron, OH 44321

3 beds • 2 baths • 1264 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.9% first-year return on $77,871 initial cash invested.

6.9%

Cash On Cash

8.54%

Cap Rate

1.4

DSCR

$3,408

Rent

$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,408 income − $2,960 expenses = $448 cash flow

Income$3,408Mortgage P&I$1,44442%Property Taxes$2568%Insurance$1023%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$448

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,871

Downpayment

20%

$57,020

Closing costs

1%

$2,851

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,408

Total Expenses

$2,960

Mortgage P&I

42%

$1,444

Property Taxes

8%

$256

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis