1381 Greenwood Ave

Akron, OH 44320
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2 bd, 1 ba | 1,075 sqft | Built in 1953

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List Price
$46,500

Initial Investment

$44,365

Purchase Price

$41,000

Down Payment

100%

Rent

$649

Total Return

$42,362

Annualized Return

16.0%

Cap Rate

9.4%

Gross Yield

19.0%

Cash Flow

$3,399

Appreciation

11.7%
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Features

Occupancy

Occupied

Lease Start

01/02/2019

Lease End

01/02/2021

Lot Size

6,095

HOA

None

Flood Risk

Not Required

  • Attentive tenant cares for home like a homeowner and handles minor repairs
  • Long term lease ends Jan 2021 and tenant would like to stay

See more in Analysis

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Annual Financial Highlights

Expected Rent

$7,399

Expenses

-$2,800

Property Taxes

-$1,200

Loan Payments

$0

Net Cash Flow

$3,399

See more in Financials

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