152 E Mapledale Ave

Akron, OH 44301
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3 bd, 1.5 ba | 1,549 sqft | Built in 1918

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List Price
$55,129

Initial Investment

$56,868

Purchase Price

$55,000

Down Payment

100%

Rent

$945

Total Return

$41,836

Annualized Return

13.3%

Cap Rate

9.7%

Gross Yield

20.6%

Cash Flow

$4,686

Appreciation

6.8%
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Features

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

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Annual Financial Highlights

Expected Rent

$10,773

Expenses

-$4,187

Property Taxes

-$1,900

Loan Payments

$0

Net Cash Flow

$4,686

See more in Financials

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