top of page

119 Lakeview Dr

Bed:

2

Bath:

2

Sq Ft:

2436

Year Built:

1984

Completed

$175,000

Overview

The Internal rate of return (IRR) on this long-term rental is 14.3%, which is a measure of the expected return on investment. This rate is calculated by taking the present value of the expected cash flows from the investment and dividing them by the initial cost of the investment. The purchase capitalization rate (CAP) is 30.7%, which is a measure of the expected return on a real estate investment. This rate is calculated by taking the expected net operating income (NOI) of the property and dividing it by the purchase price. The higher the CAP rate, the higher the return on the investment, making this a desirable investment.

The Market

The Data

bottom of page