Wyoming โ€ข Montana โ€ข Fully managed

Available

Multi unit ยท 3 bed ยท Long-term rental

703 S Main St,Sheridan,WY

Fully renovated 3-bedroom multi-unit turnkey rental, units offer a strong setup for an investor seeking an income-producing property in Sheridan.

Gallery

Inside the property

Key numbers

The investment at a glance

Purchase Price

$440,000

Cash to Close

$12,000

Loan amount

$300,000

First-YEar DEDUCTION

$155,400

rent (est.)

$2,850

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

Sheridan, WY

Property type

Multi unit

Bedrooms

3

Strategy

Long-term rental

Status

Completed

Purchase price

$440,000

Loan amount

$300,000

Cash to close (est.)

$12,000

Rent (est.)

$2,850 /mo

First-year deduction (est.)

$155,400

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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703 S Main St, Sheridan, WY

purchase ยท cash to close

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