1508 Preston Ave

Akron, OH 44305
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3 bd, 1.5 ba | 1,416 sqft | Built in 1915

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List Price
$100,000

Initial Investment

$29,190

Purchase Price

$98,000

Down Payment

25%

Rent

$950

Total Return

$27,822

Annualized Return

14.2%

Cap Rate

5.6%

Gross Yield

11.6%

Cash Flow

-$356

Appreciation

5.9%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

02/01/2022

Lot Size

6,350

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,058

Property Taxes

-$2,800

Loan Payments

-$5,328

Net Cash Flow

-$356

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