545 Wildwood Ave

Akron, OH 44320
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3 bd, 1 ba | 1,498 sqft | Built in 1921

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List Price
$39,900

Initial Investment

$43,561

Purchase Price

$41,000

Down Payment

100%

Rent

$740

Total Return

$44,640

Annualized Return

17.1%

Cap Rate

10.2%

Gross Yield

21.7%

Cash Flow

$3,676

Appreciation

11.7%
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Features

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

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Annual Financial Highlights

Expected Rent

$8,436

Expenses

-$3,460

Property Taxes

-$1,300

Loan Payments

$0

Net Cash Flow

$3,676

See more in Financials

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