1102 CARLOWAY PLACE
A Company Built on Integrity
1102 CARLOWAY PLACE
Status: Sold
Property Details
Bed/Bath/Garage
3 / 2 / 0
Type Dwelling
Single Family
Square Footage
1,690
Annual Property Taxes
$1,620
Year Built
1972
Assumptions
Appreciation Rate
3.00%
Vacancy Losses
4.00%
Income Growth
5.00%
Closing Cost
6.00%
Maintenance
5.00%
Monthly Income Analysis
Purchase Price
$119,000
Down Payment
30 Years
$23,800
- 1st LTV
80%
$95,200
- Mortgage Payment
4.75%
$497
Property Taxes
$135
HOA Fees
$0
Property Management
$77
Insurance
$44
Other
$0
Total Monthly Expenses
$753
Low
High
Rent Range
$1000
$1,100
Cash Flow
$247
$347
Annualized Return (Based on down payment)
Cash ROI
$4,169
17.52%
Principal Reduction
$1,469
6.17%
Tax Reduction
$864
3.63%
Appreciation (Rate used is 3.00%)
$3,570
15.00%
Total ROI
$10,072
42.32%
Capitalization Rate (Based on cash price)
8.51%