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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 Airbnb investment with a projected -6.71% first-year return on $55,590 initial cash invested.

-6.71%

Cash On Cash

4.8%

Cap Rate

0.76

DSCR

$2,090

Rent

-$311

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

$55,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,090

Total Expenses

$2,401

Mortgage P&I

45%

$943

Property Taxes

19%

$391

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$522

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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0.6 mi

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