374 Rankin St
Akron, OH 44311
List Price
$109,900
Initial Investment
$32,613Purchase Price
$105,000
Down Payment
25%
Rent
$1,660
Total Return
$70,095
Annualized Return
31.5%
Cap Rate
11.7%
Gross Yield
19.0%
Cash Flow
$5,656
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
-
Lease End
-
Lot Size
4,185
HOA
None
Flood Risk
Not Required
Great investment opportunity for University of Akron!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$18,924Expenses
-$6,212Property Taxes
-$1,348Loan Payments
-$5,708Net Cash Flow
$5,656See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Brent Chervenic
Keller Williams Chervenic Rlty
Keller Williams Chervenic Rlty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4355905
Last Updated: 03/23/2022 22:03
MLS #4355905
Last Updated: 03/23/2022 22:03