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291 Malacca St, Akron, OH 44305

3 beds • 1 baths • 1144 sqft

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This property looks like a bad Long-Term investment with a projected -10.34% first-year return on $39,690 initial cash invested.

-10.34%

Cash On Cash

3.73%

Cap Rate

0.68

DSCR

$1,210

Rent

-$342

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

$39,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,210

Total Expenses

$1,552

Mortgage P&I

72%

$870

Property Taxes

25%

$302

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$121

CapEx

5%

$60

Vacancy

6%

$73

Maintenance

5%

$60

Other

0%

$0

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