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Hudson Terrace
27 Harrison Street, New York, NY, 10013
Grace Harbor
2606 Grace Dr Fort Lauderdale FL 33316
Ashmont Grove
353 6th Ave #2, New York, NY 10014
Home Inputs
Purchase Price
This is the Seller's advertised pice. Rove's policy is to not represent buyers on Partner Listing below 90% of the Advertised price.
Down Payment
The down payment is the cash portion of the property price at the time of purchase. The down payment is used to calculate return metrics.
$1,350,000
Weeks of Use
This is how many weeks you as the owner want to use the property.
4 weeks
Hold Period
This is the amount of time between buying and selling the home.
10 years
Appreciation
This is the home price appreciation forecast.
3.5%
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Rove Automated Inputs
Rove Verified ADR
This is the average daily rent for the property when listed. It is an estimate based on Rove's comparable properties in the market and available data. It is not a prediction or guaranty of future rental income.
$1,300
Occupancy
Occupancy is an estimate based on Rove's comparable properties in the market and available data. It is not a prediction or guaranty of future rental income.
90%
Annual Income
Gross annual income estimate based on Rove's comparable properties in the market and available data. It is not a prediction or guaranty of future rental income.
$394,290
Annual Financial Summary
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Outputs
Return on Investment
Total Return is your cash profit calculated as the sum of your estimated (i) annual net operating cash flows over the hold period, plus (ii) property net sale proceeds minus your initial investment and outstanding loan balance.
4.8x
Annualized Return
Annualized Return is a measure of annualized net return on an equity investment. It equals the discount rate at which the sum of the present value of all cash flows is zero. Calculation is based on actual and budgeted values.
15.3%
Cap Rate
Cap rate is the percentage return calculated by dividing net operating income in Year 1 by the property purchase price.
-4.3%
Carrying Cost
First year net carrying cost flow is the estimated dollar amount received after payment for property taxes, property management, repairs and maintenance, capital expenditures, and loan payments.
$268,291
Rove's expertise saves you hundreds of hours.
Partner with Rove to streamline your home closing and inspection.
Rove facilitates short term rental permits and tax compliance on your behalf.
Furnish to the Rove brand standard.
Partner with Rove to furnish a property at 30-50% off retail pricing.
Manage with Rove
Partner with Rove to achieve above market returns on your investment home.
Rove provides a truly hands off property management experience.
