REI Lense

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$2,034 (target)

733 Bisson Ave, Akron, OH 44307

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Mid-Term investment with a projected -1.44% first-year return on $55,023 initial cash invested.

-1.44%

Cash On Cash

6.45%

Cap Rate

1.02

DSCR

$2,034

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,034 income − $2,100 expenses = $66 out of pocket

Income$2,034Out of Pocket$66Mortgage P&I$93246%Property Taxes$41721%Insurance$603%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,023

Downpayment

20%

$35,260

Closing costs

1%

$1,763

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,034

Total Expenses

$2,100

Mortgage P&I

46%

$932

Property Taxes

21%

$417

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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