REI Lense

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$2,259 (target)

552 Cuyahoga St, Akron, OH 44310

3 beds • 2 baths • 1152 sqft

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This property might be a fair Mid-Term investment with a projected 7.31% first-year return on $53,532 initial cash invested.

7.31%

Cash On Cash

9.46%

Cap Rate

1.45

DSCR

$2,259

Rent

$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,259 income − $1,933 expenses = $326 cash flow

Income$2,259Mortgage P&I$91841%Property Taxes$1888%Insurance$603%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$326

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,532

Downpayment

20%

$33,840

Closing costs

1%

$1,692

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,259

Total Expenses

$1,933

Mortgage P&I

41%

$918

Property Taxes

8%

$188

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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