545 Wildwood Ave Akron, OH 44320
3bd, 1ba | 1,498sqft | Built in 1921
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Initial Investment
$42,444
List Price: $39,900
Purchase Price
$39,900
Down Payment
100%
Rent
$740

Total Return
$19,899
Annualized Return
9.4%
Cap Rate
11.0%
Gross Yield
22.3%
Cash Flow
$3,885
Appreciation
1.5%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
04/05/2018 
Lease End
10/31/2020 
Lot Size
4,400 
HOA
None
Flood Risk
Not Required
  • Impressive cap rate
  • Stable tenant on month to month lease
  • Landlord is responsible for the water/sewer/garbage bill which runs around $70 a month

Annual Financial Highlight
Expected Rent
$8,436
Expenses
-$3,251
Property Taxes
-$1,300
Loan Payments
$0

Net Cash Flow
$3,885
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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