246 5th Street Northwest

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246 5th Street Northwest

Barberton, OH 44203
Asking Price
$475K
Cap Rate
11%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Updated 7 unit apartment building near Lake Anna Barberton <p>Total Gross income $68,340. Operating Expenses $16,122. Net operating income $52,218. Cap rate 10.99%. </p><p>All units have been updated. Newer windows. Roof is estimated to be about 14 years old. </p>

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NOI
$80,000
Cap Rate
16.85%
DSCR
2.84
Strong
Cash-on-Cash
36.36%
Monthly Payment
$2,349.546
Annual Cash Flow
$51,805.447

Location & Travel Times