1328 Logan Ave NW

Canton, OH 44703
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2 bd, 2 ba | 2,141 sqft | Built in 1917

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List Price
$65,000

Initial Investment

$23,452

Purchase Price

$59,000

Down Payment

25%

Rent

$1,150

Total Return

$34,337

Annualized Return

23.7%

Cap Rate

12.2%

Gross Yield

23.4%

Cash Flow

$3,220

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

11/20/2020

Lease End

11/30/2020

Property Type

Duplex

Lot Size

7,500

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Duplex property- one Long term tenant and another currently month-to-month
  • 3-star neighborhood
  • Convenient access to shops and restaurants
  • Seller recently made repairs on home, view inspection documents for more info

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$5,282

Property Taxes

-$1,400

Loan Payments

-$3,208

Net Cash Flow

$3,220

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