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291 Malacca St, Akron, OH 44305

3 beds • 1 baths • 1144 sqft

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This property might be a fair Airbnb investment with a projected 5.08% first-year return on $57,690 initial cash invested.

5.08%

Cash On Cash

7.8%

Cap Rate

1.41

DSCR

$2,850

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

5.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,850

Total Expenses

$2,606

Mortgage P&I

31%

$870

Property Taxes

11%

$302

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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