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565 Lansing Rd, Akron, OH 44312

3 beds • 1 baths • 1040 sqft

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This property looks like a bad Long-Term investment with a projected -15.99% first-year return on $37,590 initial cash invested.

-15.99%

Cash On Cash

3.37%

Cap Rate

0.53

DSCR

$1,210

Rent

-$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,210

Total Expenses

$1,711

Mortgage P&I

78%

$943

Property Taxes

32%

$391

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$121

CapEx

5%

$60

Vacancy

6%

$73

Maintenance

5%

$60

Other

0%

$0

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