152 E Mapledale Ave Akron, OH 44301
3bd, 1.5ba | 1,549sqft | Built in 1918
investment property - 152 E Mapledale Ave, Akron, OH 44301, Summit - image 0
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investment property - 152 E Mapledale Ave, Akron, OH 44301, Summit - image 0
investment property - 152 E Mapledale Ave, Akron, OH 44301, Summit - image 1
investment property - 152 E Mapledale Ave, Akron, OH 44301, Summit - image 2
List Price
$55,129
Initial Investment : $56,999
Purchase Price
$55,129
Down Payment
100%
Rent
$945

Total Return
$25,563
Annualized Return
8.9%
Cap Rate
9.7%
Gross Yield
20.6%
Cash Flow
$4,691
Appreciation
1.5%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
05/31/2019 
Lease End
11/30/2020 
Lot Size
5,400 
HOA
None
Flood Risk
Not Required
  • Meets 1% rule
  • Attractive cap rate
  • Attractive school scores
  • Pet fee included in monthly rent of $50

Annual Financial Highlight
Expected Rent
$10,773
Expenses
-$4,182
Property Taxes
-$1,900
Loan Payments
$0

Net Cash Flow
$4,691
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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