Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$665,000

For Sale - Active
874 W Millrace Park Ct, Taylorsville, UT 84123
5 Beds
4 Baths
2,718 Square Feet
0.23 Acres Lot
Built in 2004
For Sale - Active
Units n/a
Checked: 13 hours ago
Updated: Jun 13, 2025 at 11:04PM

Investment Summary


Monthly Cash Flow
-$1,546
Cap Rate
2.9%
Cash-on-Cash Return
-12.1%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.7%

Property Description


0.23 Acres Lot
Built in 2004
For Sale - Active
Units n/a

Private lane on a large lot and this home hits on every level. Open concept with vaulted ceilings and windows with plenty of light in every room. Large open kitchen and dining area. Complete privacy in front and back.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Rv Parking
  • Details: RV Access/Parking, Attached
  • Garage Spaces: 3
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 17
  • # of Stories: 3
  • Basement: Yes
  • Basement Description: Full
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Asphalt

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 2111207007
  • Lot Size: 10018 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Tri/Multi-Level
  • Year Built: 2004

Tax Information

  • Annual Tax: $3,967

Utilities

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

Location

  • County: Salt Lake

Listing Details


Listed by:
Brady Tanner
PRIME RESIDENTIAL BROKERS
(801) 916-3542

Source:
UtahRealEstate (Wasatch Front)
MLS#: 2091620
UtahRealEstate (Wasatch Front)

Investment Summary


Monthly Cash Flow
-$1,546
Cap Rate
2.9%
Cash-on-Cash Return
-12.1%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.7%

Purchase Details

Find an Agent

Purchase price:
$665,000
Amount financed:
-$532,000
Down payment:
$133,000
Closing costs:
$19,950
Rehab costs:
$0
Initial cash invested:
$152,950
Square feet:
2,718
Cost per square foot:
$245
Monthly rent per square foot:
$1.03

Financing Details

Find a Lender

Loan amount:
$532,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,147
Property tax:
$331
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,674

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$331-$3,967
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (37%)
37%-$1,031-$12,367

Cash Flow


Monthly Yearly
Net operating income:
$1,601 $19,212
Mortgage payments:
-$3,147 -$37,764
Cash flow:
$1,546 $18,552