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Long-Term Rental Analysis
559 Lumiere St, Akron, OH 44306
$59,0003 beds • 1 baths • 1443 sqft

This property could be a profitable Long-Term investment with a projected 37.19% first-year return on $12,390 initial cash invested.

Cash On Cash
37.19%
Cap Rate
15.29%
Rent
$1,074
Cashflow
$384
Rent Confidence:  High
Annual
$12,888
Median
$995
Avg
$1,074
Samples
25
Financing

Purchase Price  $59,000
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $12,390
Downpayment  $11,800
Closing costs  $590
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,074
Total Expenses  $690
Mortgage P&I  $314
Property Taxes  $76
Home Insurance  $21
PManagement  $107
CapEx  $54
Vacancy  $64
Maintenance  $54
Other  $0
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