2164 E REVERE WAY
Single Family Residence53d on market

A

Investment Rating

CF: B+Ret: A+

2164 E REVERE WAY

Eagle Mountain, UT 84005

$424,900

5 bed 3 bath 3,132 sqft$2,207/yr tax Turn-key
MLS Listing

Highlights

Year 1

Pays for Itself

$106k

Cash to Close

$24k

Cash Flow Yr 10

$352k

Equity Yr 10

$127k

Tax Savings (10yr)

Performance Metrics

8.4%

Gross Yield

7.1%

Cap Rate

3.4%

Cash on Cash

18.6%

5-Year IRR

19.2%

10-Year IRR

Projections

Cash Flow

Equity

Cash Flow Details

Gross Revenue (Rent)
Net Operating Income
$2,363
Take-Home (before reserves)
$540
True Cash Flow
$302

Deal Summary

Offer Price
$128/sqft
$
Rocco Value
$398,152

0.5% above market · 68 comps (high)

Down Payment
$100,000 (25.0%)
Closing Costs~2% of loan amount
$
Renovation Cost
$
Other Expenses (monthly)
$
YearHome ValueLoan BalEquityCash FlowCumulativeIRR
1$417k$296k$120k$6k$6k-3.9%
5$491k$280k$212k$13k$49k18.6%
10$604k$252k$352k$24k$145k19.2%
15$741k$214k$527k$37k$303k18.7%
20$911k$163k$748k$55k$540k18.4%
25$1M$94k$1M$77k$878k18.1%
30$1M$0$1M$106k$1M18.0%
Loading neighborhood data...

Adjusted assumptions:

Rent: $2,469 → $2,800Offer: $424,900 → $400,000

IMPORTANT DISCLAIMER: Any calculations or estimates provided regarding potential return on investment in real estate are not guaranteed, and are subject to change based on various factors, such as fluctuations in the market, property value growth in the region, changes in rental income, taxes, maintenance costs, potential renovations, regulatory changes, shifts in supply and demand, and other variables. Past performance does not guarantee future results.

Synapse Realty
Home
TeamSearchRentalsSign InBook a Call