1102 CARLOWAY PLACE

A Company Built on Integrity

1102 CARLOWAY PLACE

Status:

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%

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