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Sale Price:
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Estimated Closing Cost %:
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Yearly Real Estate Taxes:
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Yearly HOA Fees:
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Monthly Rent:
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Yearly Homeowners Insurance:
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Total Investment
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Purchase Price:
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$170,000.00
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Estimated Closing Costs 1.00 %:
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$1,700.00
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Total Investment:
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$171,700.00
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First Year Returns
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Rent (12 Months):
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$18,000.00
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Management Fees (12 Months):
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$1,800.00
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First Year Net Income (12 months):
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$13,548.00
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First Year Option Price:
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$204,000.00
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Estimated Closing Costs on Option Purchase 3.50 %:
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$7,140.00
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Total Return (If Option Exercised at End of Year 1):
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$210,408.00
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Return on Investment (If Option Exercised at End of Year 1)
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In Dollars:
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$38,708.00
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As a Percentage:
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22.54 %
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Second Year Returns
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Rent (24 Months):
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$36,000.00
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Management Fees (24 Months):
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$3,600.00
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Second Year Net Income (24 months):
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$27,096.00
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Second Year Option Price:
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$204,000.00
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Estimated Closing Costs on Option Purchase 3.50 %:
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$7,140.00
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Total Return (If Option Exercised at End of Year 2):
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$223,956.00
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Return on Investment (If Option Exercised at End of Year 2):
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In Dollars:
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$52,256.00
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As a Percentage:
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30.43 %
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As an Annual Percentage:
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15.22 %
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Third Year Returns
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Rent (36 Months):
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$54,000.00
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Management Fees (36 Months):
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$5,400.00
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Third Year Net Income (36 months):
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$40,644.00
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Third Year Option Price:
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$224,400.00
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Estimated Closing Costs on Option Purchase 6.00 %:
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$13,464.00
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Total Return (If Option Exercised at End of Year 3):
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$251,580.00
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Return on Investment (If Option Exercised at End of Year 3):
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In Dollars:
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$79,880.00
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As a Percentage:
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46.52 %
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As an Annual Percentage:
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15.51 %
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Fourth Year Returns
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Rent (48 Months):
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$72,000.00
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Management Fees (48 Months):
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$7,200.00
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Fourth Year Net Income (48 months):
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$54,192.00
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Fourth Year Option Price:
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$224,400.00
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Estimated Closing Costs on Option Purchase 6.00 %:
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$13,464.00
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Total Return (If Option Exercised at End of Year 4):
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$265,128.00
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Return on Investment (If Option Exercised at End of Year 4):
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In Dollars:
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$93,428.00
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As a Percentage:
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54.41 %
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As an Annual Percentage:
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13.60 %
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