$188,000
Rent Rate: $1,425 |
8.62% ROI (leveraged)
4 Beds
2 Baths
1,344 Sq Ft Garage/Carport: N/A
Built in 1989 Lot Size: ~.30 Acres Basement: Finished/Unfinished Plumbing: Septic
Built in 1989 Lot Size: ~.30 Acres Basement: Finished/Unfinished Plumbing: Septic
Projected Completion Date: 5/30/2025
Property Calculations
- Purchase Price: $188,000
- Rent Range: $1375-$1475
- Rent Used In Calculations: $1,425
- Annual Taxes: $1,025
- Annual Insurance: $1,047
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $13,489
- Annual Net Income (finance 20% 30yr): $3,242
Leveraged Cash-on-Cash
- 1 Year: $3,241.54
- 5 Year: $5,021.14
- 15 Year: $10,272.26
Cap Rate
- 1 Year: 7.18%
- 5 Year: 8.08%
- 15 Year: 10.85%
Capital Appreciation
- 10 Year: $56,400
- 20 Year: $112,800
- 30 Year: $169,200