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4BR Home in Akron , OH
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4BR Home in Akron , OH

Summit County, Akron, OH

$181,908
4
Bedrooms
1
Bathrooms
Contact for Details
Monthly
OF
Owner Finance

Financing Details

Down Payment
$17,500
Financing Type
Owner Finance
Credit Check
None Required

About This Property

Great cash-flow opportunity for an investor looking to add a Section 8 rental with minimal cash out of pocket! Deal Breakdown: Total Purchase Price: $181,908.79 Existing Mortgage: Contact for details down payment Fee (Assignment): Contact for details Cash to Seller: $0 Estimated Rehab: Contact for details Interest Rate: 8.95% Remaining Term: 26 Years Monthly.60 Projected Section 8 Rent: Contact for details/month Projected Returns: Monthly Before Expenses: $798 Cash Needed As-Is: Contact for details + closing costs Cash Needed With Rehab: Contact for details + closing costs Projected Cash-on-Cash Return: 17.8% after rehab, assuming 25% operating reserves Excellent opportunity for a Section 8 investor seeking strong with low upfront capital.

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