1378 Orlando Ave

Akron, OH 44320
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3 bd, 1 ba | 1,008 sqft | Built in 1951

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List Price
$51,000

Initial Investment

$45,675

Purchase Price

$45,000

Down Payment

100%

Rent

$750

Total Return

$50,375

Annualized Return

18.0%

Cap Rate

9.8%

Gross Yield

20%

Cash Flow

$3,893

Appreciation

11.7%
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Features

Occupancy

Occupied

Lease Start

07/01/2019

Lease End

06/30/2020

Lot Size

6,840

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$3,057

Property Taxes

-$1,600

Loan Payments

$0

Net Cash Flow

$3,893

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