$183,500
Rent Rate: $1,450 |
9.12% ROI (leveraged)
4 Beds
2 Baths
2,284 Sq Ft Garage/Carport: 2-Car
Built in 1955 Lot Size: ~.35 Acres Basement: N/A
Built in 1955 Lot Size: ~.35 Acres Basement: N/A
Projected Completion Date: 2/28/2025
Property Calculations
- Purchase Price: $183,500
- Rent Range: $1400-$1500
- Rent Used In Calculations: $1,450
- Annual Taxes: $1,503
- Annual Insurance: $980
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $13,351
- Annual Net Income (finance 20% 30yr): $3,349
Leveraged Cash-on-Cash
- 1 Year: $3,348.83
- 5 Year: $5,112.62
- 15 Year: $10,310.85
Cap Rate
- 1 Year: 7.28%
- 5 Year: 8.19%
- 15 Year: 11.01%
Capital Appreciation
- 10 Year: $25,630
- 20 Year: $69,997
- 30 Year: $146,800