330 Morningview Ave

Akron, OH 44305
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3 bd, 1 ba | 1,152 sqft | Built in 1919

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List Price
$71,900

Initial Investment

$22,639

Purchase Price

$71,000

Down Payment

25%

Rent

$875

Total Return

$24,441

Annualized Return

16.7%

Cap Rate

7.4%

Gross Yield

14.8%

Cash Flow

$830

Appreciation

5.9%
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Features

Occupancy

Occupied

Lease Start

05/23/2019

Lease End

05/31/2020

Lot Size

4,902

HOA

None

Flood Risk

Not Required

  • Seller to offer $2,200 credit at closing for furnace, with qualified offer

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Annual Financial Highlights

Expected Rent

$9,975

Expenses

-$3,185

Property Taxes

-$2,100

Loan Payments

-$3,860

Net Cash Flow

$830

See more in Financials

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