$161,000
Rent Rate: $1,275 |
9.08% ROI (leveraged)
3 Beds
2 Baths
1,600 Sq Ft
Garage/Carport: N/A
Built in 1965 Lot Size: ~.23 Acres Basement: Finished
Built in 1965 Lot Size: ~.23 Acres Basement: Finished
Projected Completion Date: 5/30/2024
Property Calculations
- Purchase Price: $161,000
- Rent Range: $1225-$1325
- Rent Used In Calculations: $1,275
- Annual Taxes: $1,300
- Annual Insurance: $924
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $11,699
- Annual Net Income (finance 20% 30yr): $2,923
Leveraged Cash-on-Cash
- 1 Year: $2,923.25
- 5 Year: $4,469.07
- 15 Year: $9,024.18
Cap Rate
- 1 Year: 7.27%
- 5 Year: 8.18%
- 15 Year: 10.99%
Capital Appreciation
- 10 Year: $22,487
- 20 Year: $61,414
- 30 Year: $128,800