2296 11th St SW
Akron, OH 44314
List Price
$55,500
Initial Investment
$15,446Purchase Price
$53,000
Down Payment
25%
Rent
$799
Total Return
$29,930
Annualized Return
25.9%
Cap Rate
8.3%
Gross Yield
18.1%
Cash Flow
$950
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/01/2019
Lease End
03/01/2021
Lot Size
5,760
HOA
None
Flood Risk
Not Required
- February 2019 property rehabbed including: new water heater and updated electrical
- Professionally managed by IIP Management, LLC
- July rent has been paid. See ledger in diligence vault
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,109Expenses
-$3,277Property Taxes
-$2,000Loan Payments
-$2,881Net Cash Flow
$950See more in Financials
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