> 4 Units58d on market
A-
Investment Rating
CF: B-Ret: A+
441 S 500 E
Provo, UT 84606
$1,050,000
Highlights
Year 1
Pays for Itself
$265k
Cash to Close
$49k
Cash Flow Yr 10
$1M
Equity Yr 10
$366k
Tax Savings (10yr)
Performance Metrics
7.4%
Gross Yield
6.5%
Cap Rate
1.6%
Cash on Cash
19.2%
5-Year IRR
18.9%
10-Year IRR
Projections
Cash Flow
Equity
Cash Flow Details
Gross Revenue (Rent)
Net Operating Income
$5,446
Take-Home (before reserves)
$889
True Cash Flow
$362
Deal Summary
Offer Price
$228/sqft
$
Rocco Value
$1,023,750
2.4% below market · Income approach at 3.75% cap rate
Down Payment
$250,000 (25.0%)
Closing Costs~2% of loan amount
$
Renovation Cost
$
Other Expenses (monthly)
$
| Year | Home Value | Loan Bal | Equity | Cash Flow | Cumulative | IRR |
|---|---|---|---|---|---|---|
| 1 | $1M | $741k | $311k | $11k | $11k | -2.3% |
| 5 | $1M | $699k | $592k | $26k | $90k | 19.2% |
| 10 | $2M | $630k | $1M | $49k | $288k | 18.9% |
| 15 | $2M | $536k | $2M | $80k | $623k | 18.1% |
| 20 | $3M | $408k | $2M | $119k | $1M | 17.4% |
| 25 | $4M | $235k | $3M | $169k | $2M | 17.0% |
| 30 | $5M | $0 | $5M | $233k | $3M | 16.7% |
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Adjusted assumptions:
Offer: $1,050,000 → $1,000,000Rent: $7,478 → $6,200
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.