719 Roselawn Ave

Akron, OH 44306
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4 bd, 2 ba | 1,541 sqft | Built in 1920

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List Price
$85,000

Initial Investment

$22,947

Purchase Price

$73,200

Down Payment

25%

Rent

$1,275

Total Return

$34,670

Annualized Return

23.5%

Cap Rate

10.2%

Gross Yield

20.9%

Cash Flow

$2,596

Appreciation

5.8%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Property Type

Duplex

Lot Size

3,200

HOA

None

Flood Risk

Not Required

Cash flowing 4 bed/ 2 bath duplex located minutes from the University of Akron. Both units are currently occupied by resdients.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$14,535

Expenses

-$5,460

Property Taxes

-$2,500

Loan Payments

-$3,980

Net Cash Flow

$2,596

See 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.

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Listing Courtesy of:Roy Guy
NEO Property Management
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4276450
Last Updated: 05/05/2021 18:05
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.