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1711 W 400 N
Triplex52d on market

A

Investment Rating

CF: B+Ret: A+

1711 W 400 N

Salt Lake City, UT 84116

$875,000

10 bed 6 bath 6,623 sqft$3,869/yr tax Fixer-upper
MLS Listing

Highlights

Year 1

Pays for Itself

$232k

Cash to Close

$36k

Cash Flow Yr 10

$882k

Equity Yr 10

$312k

Tax Savings (10yr)

Performance Metrics

8.4%

Gross Yield

7.3%

Cap Rate

3.8%

Cash on Cash

20.4%

5-Year IRR

19.4%

10-Year IRR

Projections

Cash Flow

Equity

Cash Flow Details

Gross Revenue (Rent)
Net Operating Income
$5,327
Take-Home (before reserves)
$1,340
True Cash Flow
$728

Deal Summary

Offer Price
$132/sqft
$
Down Payment
$218,750 (25.0%)
Closing Costs~2% of loan amount
$
Renovation Cost
$
Other Expenses (monthly)
$
YearHome ValueLoan BalEquityCash FlowCumulativeIRR
1$919k$648k$271k$16k$16k0.0%
5$1M$612k$508k$24k$101k20.4%
10$1M$551k$882k$36k$257k19.4%
15$2M$469k$1M$50k$478k18.1%
20$2M$357k$2M$66k$773k17.1%
25$3M$206k$3M$84k$1M16.3%
30$4M$0$4M$106k$2M15.8%
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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.