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Long-Term Rental Analysis
874 Fess Ave, Akron, OH 44307
$70,000 • 2 beds • 1 baths • 0 sqft

This property might be a fair Long-Term investment with a projected 9.96% first-year return on $14,700 initial cash invested.

Cash On Cash
9.96%
Cap Rate
9.17%
Rent
$800
Signal: Med.
Cashflow
$122
Financing
Purchase Price  $70,000
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $14,700
Downpayment  $14,000
Closing costs  $700
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $800
Total Expenses  $678
Mortgage P&I  $373
Property Taxes  $73
Home Insurance  $24
PManagement  $80
CapEx  $40
Vacancy  $48
Maintenance  $40
Other  $0
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