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366 Lansing Rd, Akron, OH 44312

3 beds • 2 baths • 1790 sqft

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This property looks like a bad Airbnb investment with a projected -1.12% first-year return on $59,790 initial cash invested.

-1.12%

Cash On Cash

6.6%

Cap Rate

1.04

DSCR

$2,582

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,582

Total Expenses

$2,638

Mortgage P&I

41%

$1,048

Property Taxes

11%

$281

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$646

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ADR

Beds

Baths

Distance

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3

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3

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4

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2

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5

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2

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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