Cost & Income

Purchase Price

$152,518

Renovation Costs

$16,000

Development Fee

$3,500

Total Basis

$172,018

Purchase Date

06/24/22

Date Rented -1035 days

Gross Rent

$1,045/mo

Vacancy (5.00%)

($4)

Property Mgmt (7.50%)

($78)

Other Expenses

($448)

Net Operating Income

$514/mo

Cap Rate

3.59%

Levered Cash Return
Not including any appreciation

Appraised Value

$164,860

Loan (75% LTV)

$123,645

LTC %

72%

Cash In

$48,373

Yield on Cash

-0.03%

Net Operating Income

$6,167

Debt Service (P&I)

($7,963)

Cash Flow -3.71%

$-1,795

Principal Paydown 3.68%

$1,780

Total Income

$-15

Estimated Value

$164,860

Value Over Cost

$-7,158

Initial Capital Gain

-4.16%

---

Interested in investing with us?

Find Out More

Request Information

×

How do you hear about us? Referral Internet Advertisement Other

Organization Type --------- Individual Family Office Fund Insurance Co Other Institution

Name

Company

Email

Phone

Note

Cancel

Send Request

This home rented for $50/mo over ask price with over 50 lead submissions. We put in a little extra work to make our homes look nice so we have a huge pool of applicants.