2078 18th St SW

Akron, OH 44314
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3 bd, 1 ba | 1,188 sqft | Built in 1924

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List Price
$68,000

Initial Investment

$19,361

Purchase Price

$65,750

Down Payment

25%

Rent

$860

Total Return

$35,886

Annualized Return

24.9%

Cap Rate

7.8%

Gross Yield

15.7%

Cash Flow

$982

Appreciation

8.4%
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Features

Occupancy

Occupied

Lease Start

12/28/2018

Lease End

12/31/2019

Lot Size

4,674

HOA

None

Flood Risk

Not Required

  • Liability insurance fee included in monthly rent of $9.50

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Annual Financial Highlights

Expected Rent

$9,798

Expenses

-$3,242

Property Taxes

-$2,000

Loan Payments

-$3,575

Net Cash Flow

$982

See more in Financials

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