$221,000
Rent Rate: $1,775 |
9.74% ROI (leveraged)
3 Beds
2 Baths
2,050 Sq Ft
Garage/Carport: Carport
Built in 1954 Lot Size: ~.36 Acres Basement: N/A
Built in 1954 Lot Size: ~.36 Acres Basement: N/A
Projected Completion Date: 10/16/2024
Property Calculations
- Purchase Price: $221,000
- Rent Range: $1725-$1825
- Rent Used In Calculations: $1,775
- Annual Taxes: $2,025
- Annual Insurance: $1,005
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $16,353
- Annual Net Income (finance 20% 30yr): $4,307
Leveraged Cash-on-Cash
- 1 Year: $4,306.79
- 5 Year: $6,467.11
- 15 Year: $12,834.15
Cap Rate
- 1 Year: 7.40%
- 5 Year: 8.33%
- 15 Year: 11.19%
Capital Appreciation
- 10 Year: $30,868
- 20 Year: $84,302
- 30 Year: $176,800