Zip Code 44305 โ€” Akron, OH

๐ŸŸขSTRONGโ€” excellent cash flow market
B

Good

Solid returns, moderate risk ยท Score: 72/100

Cap Rate

8.8%

Monthly Cash Flow

+$255

Median Home Price

$124,022

DSCR

1.39

Fair Market Rents

Studio
$740/mo
1 Bedroom
$830/mo
2 Bedroom
$1,060/mo
3 Bedroom
$1,330/mo
4 Bedroom
$1,420/mo

Investment Metrics

Cap Rate
8.8%
Cash-on-Cash Return
10.7%
Price-to-Rent Ratio
7.8
1% Rule
1.07%
Gross Rent Multiplier
7.8
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’