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874 Fess Ave, Akron, OH 44307

2 beds • 1 baths • 0 sqft

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This property could be a profitable Long-Term investment with a projected 16.49% first-year return on $14,700 initial cash invested.

16.49%

Cash On Cash

10.65%

Cap Rate

1.66

DSCR

$910

Rent

$202

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$70,000

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$14,700

Downpayment

20%

$14,000

Closing costs

1%

$700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$910

Total Expenses

$708

Mortgage P&I

41%

$373

Property Taxes

8%

$73

Home Insurance

3%

$24

PManagement

10%

$91

CapEx

5%

$46

Vacancy

6%

$55

Maintenance

5%

$46

Other

0%

$0

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