$184,500
Rent Rate: $1,425 |
10.74% ROI (leveraged)
3 Beds
2 Baths
1,460 Sq Ft
Garage/Carport: N/A
Built in 1970 Lot Size: ~1.2 Acres Basement: N/A Plumbing: Septic
Built in 1970 Lot Size: ~1.2 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: 3/7/2025
Property Calculations
- Purchase Price: $184,500
- Rent Range: $1375-$1475
- Rent Used In Calculations: $1,425
- Annual Taxes: $650
- Annual Insurance: $893
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $14,018
- Annual Net Income (finance 20% 30yr): $3,961
Leveraged Cash-on-Cash
- 1 Year: $3,961.32
- 5 Year: $5,807.31
- 15 Year: $11,263.20
Cap Rate
- 1 Year: 7.60%
- 5 Year: 8.55%
- 15 Year: 11.49%
Capital Appreciation
- 10 Year: $25,769
- 20 Year: $70,378
- 30 Year: $147,600