$219,000
Rent Rate: $1,450 |
$243 Monthly Cashflow
3 Beds
2 Baths
1,801 Sq Ft Garage/Carport: 2-Car
Built in 2022 Lot Size: ~.39 Acres Basement: N/A Plumbing: Sewer
Built in 2022 Lot Size: ~.39 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
Property Calculations
- Purchase Price: $219,000
- Rent Range: $1400-$1500
- Rent Used In Calculations: $1,450
- Annual Taxes: $1,712
- Annual Insurance: $709
- HOA Fees: 0
- Property Management Fees: 5%
- Annual Net Income (cash): $14,109
- Annual Net Income (finance 25% 30yr): $2,918
Leveraged Cash-on-Cash
- 1 Year: $2,917.88
- 5 Year: $4,737.64
- 15 Year: $10,215.80
Cap Rate
- 1 Year: 6.44%
- 5 Year: 7.25%
- 15 Year: 9.74%
Capital Appreciation
- 10 Year: $65,700
- 20 Year: $131,400
- 30 Year: $197,100