Wyoming โ€ข Montana โ€ข Fully managed

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SINGLE FAMILY ยท 4 bed ยท Long-term rental

517 Mitchell St Unit D2
Laramie WY

Laramie, WY 82072

This 3 bedroom turnkey property at Mitchell St offers a strong opportunity to own an income producing rental in an established market. With a desirable 3 bedroom layout and convenient access to local amenities and the University of Wyoming, the property is well positioned for consistent rental demand and long term investment potential.

Gallery

Inside the property

Key numbers

The investment at a glance

Purchase Price

$230,000

Cash to Close

$6,900

Rent

$1,995

LOAN AMOUNT

$184,000

FIRST-YEAR DEDUCTION

$80,500

Property details

Market

Laramie, WY

Property type

Multi unit

Bedrooms

6

Strategy

Long-term rental

Status

Completed

Purchase price

$595,000

Loan amount

$535,500

LTV

90%

Interest rate

6.35%

Cash to close (est.)

$16,065

Rent (est.)

$3,895 /mo

Mortgage payment

$3,332 /mo

Taxes

$253 /mo

Insurance

$253 /mo

Monthly profit (est.)

$57

Gross yield

7.86%

First-year deduction (est.)

$208,250

Estimates from the internal inventory worksheet. Confirm rents, taxes, insurance and the deduction with your lender and CPA before relying on them.

Property details

Market

Laramie, WY

Property type

SINGLE FAMILY

Bedrooms

4

Strategy

Long-term rental

Status

Completed

Purchase price

$230,000

Loan amount

$184,000

Cash to close (est.)

$6,900

Rent (est.)

$1,995 /mo

First-year deduction (est.)

$80,500

Estimates from the internal inventory worksheet. Confirm rents, taxes, insurance and the deduction with your lender and CPA before relying on them.

Next step

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517 Mitchell St Unit D2, Laramie WY

Laramie, WY 82072

purchase ยท cash to close

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