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$799,900

For Sale - Active
2029 S 150 E, Heber City, UT 84032
6 Beds
4 Baths
3,084 Square Feet
0.15 Acres Lot
Built in 2014
For Sale - Active
Units n/a
Checked: 2 hours ago
Updated: Sep 07, 2025 at 07:18PM

Investment Summary


Monthly Cash Flow
-$2,059
Cap Rate
2.6%
Cash-on-Cash Return
-13.4%
Debt Coverage Ratio
0.46
Internal Rate of Return (5 years)
-9.0%

Property Description


0.15 Acres Lot
Built in 2014
For Sale - Active
Units n/a

Beautiful Fully Finished Rambler Move-In Ready! Welcome to this stunning, fully finished rambler located in a highly sought-after neighborhood. This spacious home features 6 bedrooms, 3.5 Baths, 2-car garage, and 2 full kitchens, making it perfect for multi-generational living, entertaining, or added rental potential. Step inside to discover fresh new paint, brand-new carpet, and a layout designed for comfort and functionality. The open-concept living spaces are light, bright, and welcoming, with plenty of room for everyone to spread out and relax. Enjoy a fully fenced yard, ideal for kids, pets, and outdoor gatherings. Situated in a great neighborhood, this home is super clean and truly move-in ready-just bring your belongings and start living!

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Location


Property Details


Parking

  • Description: Covered, Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 6

Bedroom Information

  • # of Bedrooms: 6

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 16
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Full

Exterior Features

  • Roof Material: Asphalt

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential (Assumed)

Lot Information

  • Parcel ID: 0000205190
  • Lot Size: 6534 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Rambler/Ranch
  • Year Built: 2014

Tax Information

  • Annual Tax: $3,294

Utilities

  • Heating: Central, Natural Gas, Forced Air
  • Cooling: Central Air

Location

  • County: Wasatch

Listing Details


Listed by:
David A. Gomez
KW Utah Realtors Keller Williams
(801) 858-0000

Source:
UtahRealEstate (Wasatch Front)
MLS#: 2106088
UtahRealEstate (Wasatch Front)

Investment Summary


Monthly Cash Flow
-$2,059
Cap Rate
2.6%
Cash-on-Cash Return
-13.4%
Debt Coverage Ratio
0.46
Internal Rate of Return (5 years)
-9.0%

Purchase Details

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Purchase price:
$799,900
Amount financed:
-$639,920
Down payment:
$159,980
Closing costs:
$23,997
Rehab costs:
$0
Initial cash invested:
$183,977
Square feet:
3,084
Cost per square foot:
$259
Monthly rent per square foot:
$0.94

Financing Details

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Loan amount:
$639,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,785
Property tax:
$275
Insurance:
$203
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,263

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,900 $34,800
Vacancy loss: (6%)
6% -$174 -$2,088
Operating income:
$2,726 $32,712

Operating Expenses


% Rent Monthly Yearly
Property taxes: (9%)
9%-$275-$3,294
Insurance: (7%)
7%-$203-$2,436
Property management: (8%)
8%-$232-$2,784
Repairs & maintenance: (5%)
5%-$145-$1,740
Capital expenditures: (5%)
5%-$145-$1,740
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (34%)
34%-$1,000-$11,994

Cash Flow


Monthly Yearly
Net operating income:
$1,726 $20,712
Mortgage payments:
-$3,785 -$45,420
Cash flow:
$2,059 $24,708