Sample City, USA · 2 BR · 1 BA · 850 Sq.Ft.
This sample rental property demonstrates how DealCheck calculates returns and cash flow. The numbers below are hypothetical and can be adjusted in the purchase worksheet to see how different scenarios affect returns.
| Purchase Price | $150,000 | Down Payment | $30,000 (20%) |
|---|---|---|---|
| Loan Amount | $120,000 | Interest Rate | 4.0% fixed |
| Gross Rent | $1,300/mo | Vacancy Rate | 5% |
| Operating Expenses | $350/mo | Loan Payment | $573/mo |
| Net Cash Flow | $211/mo | Cap Rate | 7.2% |
This duplex unit is centrally located close to downtown. It includes two bedrooms, an updated bathroom, and off‑street parking. A recent remodel added new flooring, paint and appliances.
Year Built: 1970
Parking: Driveway
Lot Size: 5,000 Sq.Ft.
Tags: duplex, urban
The following assumptions are used for this sample property:
| Purchase & Rehab | |
|---|---|
| Purchase Price | $150,000 |
| Closing Costs | $2,500 |
| Rehab Budget | $5,000 |
| Financing | |
| Loan Amount | $120,000 |
| Interest Rate | 4.0% |
| Term (years) | 30 |
| Operating Income & Expenses | |
| Monthly Rent | $1,300 |
| Insurance | $60/mo |
| Property Taxes | $180/mo |
| Maintenance & Repairs | $50/mo |
Assuming 3% annual appreciation and 2% increases in income and expenses, the following projections illustrate long‑term performance:
| Year | Rental Income | Operating Expenses | Net Cash Flow | Property Value | Total Equity |
|---|---|---|---|---|---|
| 1 | $15,600 | $4,200 | $2,532 | $154,500 | $32,500 |
| 5 | $17,100 | $4,640 | $3,012 | $178,400 | $45,800 |
| 10 | $18,900 | $5,120 | $3,480 | $206,900 | $64,200 |
| 20 | $23,000 | $6,200 | $4,560 | $283,000 | $107,900 |
Comparable recent sales suggest an after‑repair value of $160,000–$170,000. Average sale price per square foot is around $188.
| Address | Beds | Baths | Sq.Ft. | Sale Price | $ / Sq.Ft. | Distance |
|---|---|---|---|---|---|---|
| 12 Cherry Ln | 2 | 1 | 820 | $165,000 | $201 | 0.4 mi |
| 18 Walnut St | 2 | 1 | 860 | $168,000 | $195 | 0.6 mi |
| 25 Birch Ct | 2 | 1 | 840 | $162,000 | $193 | 0.5 mi |
Market rent for similar units falls between $1,250 and $1,350 per month.
| Address | Beds | Baths | Sq.Ft. | Rent | $ / Sq.Ft. | Distance |
|---|---|---|---|---|---|---|
| 14 Cherry Ln | 2 | 1 | 820 | $1,275 | $1.55 | 0.4 mi |
| 20 Elm St | 2 | 1 | 860 | $1,325 | $1.54 | 0.7 mi |
| 19 Maple Rd | 2 | 1 | 840 | $1,250 | $1.49 | 0.5 mi |
County records show this duplex was built in 1970 and contains two bedrooms and one bathroom. The last recorded sale was in 2012 for $120,000.
Tax Assessment (2025): $145,000
Estimated Property Value: $165,000
Recent Sale: 2012 for $120,000