$185,500
Rent Rate: $1,450 |
9.47% ROI (leveraged)
4 Beds
2 Baths
1,988 Sq Ft Garage/Carport: N/A
Built in 1940 Lot Size: ~.94 Acres Basement: N/A
Built in 1940 Lot Size: ~.94 Acres Basement: N/A
Projected Completion Date: 5/27/2024
Property Calculations
- Purchase Price: $185,500
- Rent Range: $1400-$1500
- Rent Used In Calculations: $1,450
- Annual Taxes: $1,300
- Annual Insurance: $910
- HOA Fees: 0
- Property Management Fees: 9%
- Annual Net Income (cash): $13,624
- Annual Net Income (finance 20% 30yr): $3,513
Leveraged Cash-on-Cash
- 1 Year: $3,512.81
- 5 Year: $5,310.87
- 15 Year: $10,614.77
Cap Rate
- 1 Year: 7.34%
- 5 Year: 8.27%
- 15 Year: 11.11%
Capital Appreciation
- 10 Year: $25,909
- 20 Year: $70,760
- 30 Year: $148,400