Zip Code 44311 โ€” Akron, OH

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

12.5%

Monthly Cash Flow

+$414

Median Home Price

$80,994

DSCR

1.96

Fair Market Rents

Studio
$650/mo
1 Bedroom
$730/mo
2 Bedroom
$930/mo
3 Bedroom
$1,170/mo
4 Bedroom
$1,250/mo

Investment Metrics

Cap Rate
12.5%
Cash-on-Cash Return
26.6%
Price-to-Rent Ratio
5.8
1% Rule
1.44%
Gross Rent Multiplier
5.8
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†’