1085 Copley Rd

Akron, OH 44320
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3 bd, 1 ba | 1,092 sqft | Built in 1962

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List Price
$57,000

Initial Investment

$14,715

Purchase Price

$54,000

Down Payment

25%

Rent

$745

Total Return

$43,672

Annualized Return

33.8%

Cap Rate

8.0%

Gross Yield

16.6%

Cash Flow

$893

Appreciation

11.7%
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Features

Occupancy

Occupied

Lease Start

10/30/2020

Lease End

05/31/2022

Lot Size

7,850

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Tenant current on Rent
  • Seller to provide 1 year Home Warranty at close of escrow

See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,493

Expenses

-$2,964

Property Taxes

-$1,700

Loan Payments

-$2,936

Net Cash Flow

$893

See more in Financials

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