736 Bettes Ave

Akron, OH 44310
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2 bd, 1 ba | 1,176 sqft | Built in 1929

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List Price
$60,000

Initial Investment

$14,501

Purchase Price

$49,500

Down Payment

25%

Rent

$770

Total Return

$24,437

Annualized Return

23.6%

Cap Rate

8.2%

Gross Yield

18.7%

Cash Flow

$860

Appreciation

7.4%
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Features

Occupancy

Occupied

Lease Start

10/01/2019

Lease End

09/30/2021

Lot Size

4,880

HOA

None

Flood Risk

Not Required

  • Good cap rate
  • Near shopping, dining, and schools
  • Leased through 9/30/2021
  • June rent has been paid. See ledger in diligence vault
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$8,778

Expenses

-$3,227

Property Taxes

-$2,000

Loan Payments

-$2,691

Net Cash Flow

$860

See more in Financials

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