852 Kenmore Blvd

Akron, OH 44314
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4 bd, 1.5 ba | 1,344 sqft | Built in 1923

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List Price
$63,900

Initial Investment

$18,302

Purchase Price

$62,900

Down Payment

25%

Rent

$900

Total Return

$36,763

Annualized Return

26.9%

Cap Rate

8.6%

Gross Yield

17.2%

Cash Flow

$1,356

Appreciation

8.4%
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Features

Occupancy

Occupied

Lease Start

10/01/2019

Lease End

09/30/2020

Lot Size

3,634

HOA

None

Flood Risk

Not Required

  • Tenant Leased through September 2020
  • Full roof replacement as of 11/20/19
  • High Elementary school score
  • Meets 1% Rule

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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$3,584

Property Taxes

-$1,900

Loan Payments

-$3,420

Net Cash Flow

$1,356

See more in Financials

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