$240,000
Rent Rate: $1,675 |
7.11% ROI (leveraged)
3 Beds
2 Baths
1,259 Sq Ft
Garage/Carport: 2-Car
Built in 2024 Lot Size: ~.15 Acres Basement: N/A
Built in 2024 Lot Size: ~.15 Acres Basement: N/A
Projected Completion Date: 11/11/2024
Property Calculations
- Purchase Price: $240,000
- Rent Range: $1625-$1725
- Rent Used In Calculations: $1,675
- Annual Taxes: $2,000
- Annual Insurance: $601
- HOA Fees: 0
- Property Management Fees: 5%
- Annual Net Income (cash): $16,494
- Annual Net Income (finance 20% 30yr): $3,412
Leveraged Cash-on-Cash
- 1 Year: $3,412.14
- 5 Year: $5,527.53
- 15 Year: $11,927.60
Cap Rate
- 1 Year: 6.87%
- 5 Year: 7.74%
- 15 Year: 10.40%
Capital Appreciation
- 10 Year: $33,521
- 20 Year: $91,549
- 30 Year: $192,000