Zip Code 44306Akron, OH

🟢STRONGexcellent cash flow market

Cap Rate

11.6%

Monthly Cash Flow

+$393

Median Home Price

$91,288

DSCR

1.81

🏠 Fair Market Rents

Studio
$690/mo
1 Bedroom
$770/mo
2 Bedroom
$980/mo
3 Bedroom
$1,230/mo
4 Bedroom
$1,310/mo

📊 Investment Metrics

Cap Rate
11.6%
Cash-on-Cash Return
22.5%
Price-to-Rent Ratio
6.2
1% Rule
1.35%
Gross Rent Multiplier
6.2
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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