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481 Sherman Street
Akron, OH 44311
Asking Price
$193K
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
100% leased <p><strong style="color: rgba(0, 0, 0, 1)">This renovated and updated home is located in a walkable neighborhood just a few steps from The University of Akron and surrounding downtown areas. The recent renovations include, roofing, a new kitchen, new bathrooms, 1st floor laundry and flooring throughout. The layout is perfect for short term rentals or college rentals because it offers tenant comfortable common spaces and secure bedroom suites with private bathrooms. This home doesn't fall in the
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NOI
$80,000
Cap Rate
41.56%
DSCR
7.00
Strong
Cash-on-Cash
118.74%
Monthly Payment
$952.385
Annual Cash Flow
$68,571.38
