1012 Thorndale Dr

Akron, OH 44320
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4 bd, 1 ba | 1,800 sqft | Built in 1928

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List Price
$245,000

Initial Investment

$66,763

Purchase Price

$245,000

Down Payment

25%

Rent

$2,260

Total Return

$173,605

Annualized Return

29.1%

Cap Rate

5.6%

Gross Yield

11.1%

Cash Flow

-$570

Appreciation

11.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,800

HOA

None

Flood Risk

Not Required

Welcome to this lovely 4 bedroom, 2.5 bath beautifully landscaped cape cod home located across the street from Good Park Golf Course. The spacious home offers an abundant amount of living space with hardwood floors throughout living room and formal dining room. The kitchen features new cabinets, granite counter tops, appliances and new sink fixtures. First Floor master, Freshly painted throughout with bedrooms that are newly carpeted. Basement has a half bathroom with rooms for storage and/or office space. New siding, newer roof, new windows, new garage door and new gutters and downspouts (2022). The seller installed a new furnace and Air Conditioner ( 7/10/2023) Spacious yard, great for pets to run or children to play. Schedule your private showing today!

See more in Analysis
Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$25,764

Expenses

-$5,915

Property Taxes

-$7,100

Loan Payments

-$13,319

Net Cash Flow

-$570

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:Michael Kaim
Agent License 430767
BHHS Professional Realty
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4490773
Last Updated: 09/18/2023 21:09
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