$343,000
Rent Rate: $2,500 |
7.51% ROI (leveraged)
6 Beds
3 Baths
2,412 Sq Ft
Garage/Carport: N/A
Built in 1960 Lot Size: ~.22 Acres Basement: N/A
Built in 1960 Lot Size: ~.22 Acres Basement: N/A
Projected Completion Date: 9/26/2024
Property Calculations
- Purchase Price: $343,000
- Rent Range: $2450-$2550
- Rent Used In Calculations: $2,500
- Annual Taxes: $1,995
- Annual Insurance: $1,459
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $23,846
- Annual Net Income (finance 20% 30yr): $5,150
Leveraged Cash-on-Cash
- 1 Year: $5,149.84
- 5 Year: $8,294.67
- 15 Year: $17,577.26
Cap Rate
- 1 Year: 6.95%
- 5 Year: 7.82%
- 15 Year: 10.52%
Capital Appreciation
- 10 Year: $47,908
- 20 Year: $130,839
- 30 Year: $274,400