$290,000
Rent Rate: $2,100 |
8.06% ROI (leveraged)
4 Beds
2.5 Baths
1,601 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.15 Acres Basement: N/A Plumbing: Sewer
Built in 2023 Lot Size: ~.15 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
Property Calculations
- Purchase Price: $290,000
- Rent Range: $2050-$2150
- Rent Used In Calculations: $2,100
- Annual Taxes: $2,859
- Annual Insurance: $600
- HOA Fees: 0
- Property Management Fees: 5%
- Annual Net Income (cash): $20,481
- Annual Net Income (finance 20% 30yr): $4,674
Leveraged Cash-on-Cash
- 1 Year: $4,673.75
- 5 Year: $7,315.21
- 15 Year: $15,267.40
Cap Rate
- 1 Year: 7.06%
- 5 Year: 7.95%
- 15 Year: 10.68%
Capital Appreciation
- 10 Year: $87,000
- 20 Year: $174,000
- 30 Year: $261,000