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3812 N Glenridge Rd, Akron, OH 44319

4 beds • 3 baths • 2720 sqft

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This property looks like a bad Long-Term investment with a projected -7.69% first-year return on $69,090 initial cash invested.

-7.69%

Cash On Cash

4.49%

Cap Rate

0.79

DSCR

$2,250

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,250

Total Expenses

$2,693

Mortgage P&I

69%

$1,563

Property Taxes

18%

$414

Home Insurance

5%

$115

HOA

1%

$17

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

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1

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$2,850

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4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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$2,850

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4

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