3 Bedroom, 2 Bathroom, 2 Car Garage. Year Built: 1983, SF 1510
Asking Price | 84,208.00 |
Aprox. Value | 100,000.00 |
Investment Scenario 1: 10% Down 30-Year Fixed | |
Income | |
Monthly Rent | 1,100.00 |
Expenses | |
Mortgage ($76,000 with a 7.00% interest) | 505.63 |
Taxes ($2956.00) | 246.33 |
Insurance ($700.00) | 58.00 |
HOA ($250.00) | 20.83 |
Total | 830.79 |
Monthly Cash Flow | 269.21 |
Annual Cash Flow | 3,230.52 |
Cash Investment | 8,400.00 |
Annual Return on Investment | 38.46% |
5 Year Outlook | |
Locked in Equity at Purchase | 16,000.00 |
Appreciation (5% a year) | 25,000.00 |
Total Rental Income | 16,152.60 |
Loan Repayment | 4,460.00 |
Total Return | 61,612.60 |
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