119 E LESLIE AVE
Quadruplex82d on market

A+

Investment Rating

CF: A+Ret: A+

119 E LESLIE AVE

South Salt Lake, UT 84115

$729,900

4 bed 4 bath 2,124 sqft$4,259/yr tax Average
MLS Listing

Highlights

Year 1

Pays for Itself

$191k

Cash to Close

$42k

Cash Flow Yr 10

$709k

Equity Yr 10

$257k

Tax Savings (10yr)

Performance Metrics

8.8%

Gross Yield

6.9%

Cap Rate

5.4%

Cash on Cash

19.7%

5-Year IRR

19.7%

10-Year IRR

Projections

Cash Flow

Equity

Cash Flow Details

Gross Revenue (Rent)
Net Operating Income
$4,120
Cash Flow
$858

Deal Summary

Offer Price
$339/sqft
$
Rocco Value
$693,405

3.7% above market · Income approach at 3.79% cap rate

Down Payment
$180,000 (25.0%)
Closing Costs~2% of loan amount
$
Renovation Cost
$
Other Expenses (monthly)
$
YearHome ValueLoan BalEquityCash FlowCumulativeIRR
1$755k$533k$222k$10k$10k-2.2%
5$915k$503k$412k$23k$81k19.7%
10$1M$453k$709k$42k$250k19.7%
15$1M$385k$1M$67k$531k19.0%
20$2M$293k$2M$99k$959k18.5%
25$2M$168k$2M$140k$2M18.1%
30$3M$0$3M$194k$2M17.9%
Loading neighborhood data...

Adjusted assumptions:

Offer: $729,900 → $720,000Rent: $6,050 → $5,300

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.

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