Single Family Residence60d on market
A+
Investment Rating
CF: ARet: A+
411 E WARNOCK AVE
South Salt Lake, UT 84115
$469,000
Highlights
Year 1
Pays for Itself
$121k
Cash to Close
$25k
Cash Flow Yr 10
$450k
Equity Yr 10
$160k
Tax Savings (10yr)
Performance Metrics
8.4%
Gross Yield
6.6%
Cap Rate
4.5%
Cash on Cash
18.9%
5-Year IRR
19.0%
10-Year IRR
Projections
Cash Flow
Equity
Cash Flow Details
Gross Revenue (Rent)
Net Operating Income
$2,526
Cash Flow
$455
Deal Summary
Offer Price
$311/sqft
$
Rocco Value
$457,275
At market value · 31 comps (high)
Down Payment
$114,319 (25.0%)
Closing Costs~2% of loan amount
$
Renovation Cost
$
Other Expenses (monthly)
$
| Year | Home Value | Loan Bal | Equity | Cash Flow | Cumulative | IRR |
|---|---|---|---|---|---|---|
| 1 | $480k | $339k | $141k | $5k | $5k | -3.1% |
| 5 | $581k | $319k | $261k | $13k | $45k | 18.9% |
| 10 | $738k | $288k | $450k | $25k | $144k | 19.0% |
| 15 | $937k | $244k | $693k | $40k | $311k | 18.3% |
| 20 | $1M | $186k | $1M | $59k | $567k | 17.8% |
| 25 | $2M | $107k | $1M | $85k | $937k | 17.4% |
| 30 | $2M | $0 | $2M | $117k | $1M | 17.2% |
Loading neighborhood data...
Adjusted assumptions:
Rent: $2,975 → $3,214Offer: $469,000 → $457,275
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.