$148,000
Rent Rate: $1,175 |
9.42% ROI (leveraged)
3 Beds
1 Baths
1,224 Sq Ft Garage/Carport: N/A
Built in 1959 Lot Size: ~.4 Acres Basement: N/A
Built in 1959 Lot Size: ~.4 Acres Basement: N/A
Projected Completion Date: 6/10/2024
Property Calculations
- Purchase Price: $148,000
- Rent Range: $1125-$1225
- Rent Used In Calculations: $1,175
- Annual Taxes: $1,160
- Annual Insurance: $815
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $10,856
- Annual Net Income (finance 20% 30yr): $2,789
Leveraged Cash-on-Cash
- 1 Year: $2,788.85
- 5 Year: $4,222.79
- 15 Year: $8,449.50
Cap Rate
- 1 Year: 7.34%
- 5 Year: 8.26%
- 15 Year: 11.10%
Capital Appreciation
- 10 Year: $20,671
- 20 Year: $56,455
- 30 Year: $118,400